Shares of Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) shot up 12.5% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 958,130 shares changed hands during trading, an increase of 268% from the average session volume of 260,267 shares. The stock had previously closed at C$0.04.
Omineca Mining and Metals Stock Up 12.5 %
The firm’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The company has a market capitalization of C$8.10 million, a price-to-earnings ratio of -4.50 and a beta of 0.25.
Omineca Mining and Metals Company Profile
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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