Omineca Mining and Metals (CVE:OMM) Hits New 52-Week Low – Here’s Why

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 87000 shares changing hands. The stock had previously closed at C$0.05.

Omineca Mining and Metals Stock Down 11.1 %

The firm’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.06. The company has a market capitalization of C$7.20 million, a price-to-earnings ratio of -4.00 and a beta of 0.25. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65.

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.

Read More

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.