Omineca Mining and Metals (CVE:OMM) Hits New 1-Year High – Still a Buy?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$0.11 and last traded at C$0.10, with a volume of 709646 shares trading hands. The stock had previously closed at C$0.10.

Omineca Mining and Metals Stock Performance

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 firm has a market cap of C$26.21 million, a P/E ratio of -10.00 and a beta of -2.16. The business has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.06.

Omineca Mining and Metals Company Profile

(Get Free Report)

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. The company was incorporated in 2011 and is based in Saskatoon, Canada.

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