Omineca Mining and Metals (CVE:OMM) Shares Climb 12.5% – What’s Next?

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price was up 12.5% on Tuesday. The company traded as high as C$0.04 and last traded at C$0.04. Approximately 227,000 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 250,923 shares. The stock had previously closed at C$0.04.

Omineca Mining and Metals Stock Up 12.5%

The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The company has a market capitalization of C$12.05 million, a price-to-earnings ratio of -5.50 and a beta of -0.93. The firm’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.07.

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

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