Omineca Mining and Metals (CVE:OMM) Shares Up 72.7% – Here’s Why

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) traded up 72.7% on Saturday . The stock traded as high as C$0.10 and last traded at C$0.10. 2,844,418 shares were traded during trading, an increase of 1,150% from the average session volume of 227,521 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Trading Up 72.7%

The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65. The stock has a market capitalization of C$24.90 million, a PE ratio of -9.50 and a beta of -2.33. The stock has a 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.05.

Omineca Mining and Metals Company Profile

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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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