Opawica Explorations (CVE:OPW) Trading 16.7% Higher – Here’s What Happened

Opawica Explorations Inc. (CVE:OPW)’s share price rose 16.7% during trading on Wednesday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 101,659 shares were traded during trading, an increase of 15% from the average daily volume of 88,154 shares. The stock had previously closed at C$0.12.

Opawica Explorations Price Performance

The business has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.09. The stock has a market cap of C$4.92 million, a price-to-earnings ratio of -1.58 and a beta of -0.81.

About Opawica Explorations

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.