Omineca Mining and Metals (CVE:OMM) Stock Price Up 50% – Still a Buy?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s share price was up 50% on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 1,211,166 shares were traded during trading, an increase of 726% from the average daily volume of 146,563 shares. The stock had previously closed at C$0.05.

Omineca Mining and Metals Stock Up 50.0 %

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 company has a market cap of C$13.51 million, a PE ratio of -7.50 and a beta of 0.25. The company’s fifty day moving average is C$0.06 and its 200-day moving average is C$0.07.

Omineca Mining and Metals Company Profile

(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.

Further Reading

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