Geomega Resources Inc. (CVE:GMA – Get Free Report)’s share price was down 18.8% on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 419,052 shares traded hands during trading, an increase of 448% from the average daily volume of 76,472 shares. The stock had previously closed at C$0.08.
Geomega Resources Trading Down 6.7 %
The stock has a market cap of C$10.04 million, a PE ratio of -7.50 and a beta of 1.88. The stock has a 50-day moving average price of C$0.09 and a two-hundred day moving average price of C$0.10. The company has a debt-to-equity ratio of 62.12, a current ratio of 2.17 and a quick ratio of 6.08.
Geomega Resources Company Profile
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.
Featured Stories
- Five stocks we like better than Geomega Resources
- Investing in Commodities: What Are They? How to Invest in Them
- Microsoft Can Hit New All-Time Highs This Year – Here’s Why
- Best Stocks Under $10.00
- Zillow Stock’s Bull Case: Why This Recent Sell-Off Could Be a Buy
- Insider Buying Explained: What Investors Need to Know
- IonQ’s Quantum Surge: Ride the Wave or Cash Out?
Receive News & Ratings for Geomega Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geomega Resources and related companies with MarketBeat.com's FREE daily email newsletter.
