Omineca Mining and Metals (CVE:OMM) Stock Price Up 16.7% – What’s Next?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shares were up 16.7% during trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 89,000 shares traded hands during trading, a decline of 70% from the average daily volume of 293,134 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Stock Up 8.3%

The firm has a market cap of C$17.40 million, a P/E ratio of -6.50 and a beta of -0.88. The business’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65.

Omineca Mining and Metals Company Profile

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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. The company was incorporated in 2011 and is based in Saskatoon, Canada.

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