Omineca Mining and Metals (CVE:OMM) Reaches New 1-Year Low – Should You Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 983300 shares trading hands. The stock had previously closed at C$0.06.

Omineca Mining and Metals Trading Down 11.1 %

The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65. The stock has a market capitalization of C$7.20 million, a price-to-earnings ratio of -4.00 and a beta of 0.25. The company has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.06.

About Omineca Mining and Metals

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Omineca Mining and Metals Ltd., a junior resource company, explores for and develops mineral resources in Canada. Its flagship project is the Wingdam gold project covering an area of 50,000 hectares located in the prolific Barkerville gold camp in central British Columbia. The company holds interest in the Fraser Canyon project and Mouse Mountain Project located in British Columbia.

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