Omineca Mining and Metals (CVE:OMM) Stock Price Down 15.4% – Time to Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) dropped 15.4% during mid-day trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.06. Approximately 1,143,437 shares were traded during trading, an increase of 162% from the average daily volume of 436,820 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Price Performance

The firm has a market capitalization of C$9.90 million, a PE ratio of -5.50 and a beta of 0.25. 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 stock has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.07.

About Omineca Mining and Metals

(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.

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