Opawica Explorations (CVE:OPW) Shares Up 16% – Here’s What Happened

Opawica Explorations Inc. (CVE:OPW – Get Free Report)’s stock price rose 16% during mid-day trading on Wednesday. The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 574,660 shares changed hands during mid-day trading, an increase of 715% from the average session volume of 70,504 shares. The stock had previously closed at C$0.12.

Opawica Explorations Price Performance

The company has a quick ratio of 2.11, a current ratio of 0.59 and a debt-to-equity ratio of 1.22. The business has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.12. The company has a market capitalization of C$8.23 million, a price-to-earnings ratio of -14.50 and a beta of -1.62.

Opawica Explorations Company Profile

(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.

Further Reading

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