Opawica Explorations (CVE:OPW) Trading 33.3% Higher – Here’s Why

Shares of Opawica Explorations Inc. (CVE:OPWGet Free Report) shot up 33.3% during trading on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.10. 348,183 shares changed hands during trading, an increase of 166% from the average session volume of 131,115 shares. The stock had previously closed at C$0.08.

Opawica Explorations Stock Up 5.9%

The stock has a market cap of C$3.54 million, a price-to-earnings ratio of -1.50 and a beta of -0.61. The company’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.08.

About Opawica Explorations

(Get Free Report)

Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec. It also holds 100% interests in the Cornwall Property located in British Columbia. The company was incorporated in 1975 and is based in Vancouver, Canada.

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