Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price rose 23.5% during trading on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 329,284 shares changed hands during mid-day trading, an increase of 480% from the average daily volume of 56,766 shares. The stock had previously closed at C$0.09.
Geomega Resources Trading Up 5.6 %
The firm has a market cap of C$13.62 million, a price-to-earnings ratio of -9.50 and a beta of 1.88. The company has a debt-to-equity ratio of 62.12, a quick ratio of 6.08 and a current ratio of 2.17. The company has a 50 day moving average price of C$0.09 and a 200 day moving average price of C$0.09.
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.
Read More
- Five stocks we like better than Geomega Resources
- How to Invest in the FAANG Stocks
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Top 3 Beverage Stocks Pouring Out Profits
- Manufacturing Stocks Investing
- CarMax and Carvana: Steering the Used Car Market
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.
