Shares of Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) were up 12.5% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 792,599 shares were traded during mid-day trading, an increase of 193% from the average daily volume of 270,945 shares. The stock had previously closed at C$0.08.
Omineca Mining and Metals Price 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 stock has a market capitalization of C$27.52 million, a price-to-earnings ratio of -10.50 and a beta of -2.16. The company’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06.
Omineca Mining and Metals Company Profile
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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