Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price rose 3.7% on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 90,200 shares were traded during trading, an increase of 8% from the average daily volume of 83,814 shares. The stock had previously closed at C$0.14.
Geomega Resources Price Performance
The stock has a market cap of C$20.08 million, a price-to-earnings ratio of -14.00 and a beta of 1.88. The company has a debt-to-equity ratio of 62.12, a quick ratio of 6.08 and a current ratio of 2.17. The company has a 50-day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.10.
About Geomega Resources
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi.
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