Opus One Gold (CVE:OOR) Trading Up 22.2% – Here’s Why

Opus One Gold Co. (CVE:OOR)’s stock price traded up 22.2% during trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 2,554,000 shares were traded during mid-day trading, an increase of 1,133% from the average daily volume of 207,120 shares. The stock had previously closed at C$0.04.

Opus One Gold Trading Up 11.1%

The company has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.06. The firm has a market capitalization of C$14.15 million, a price-to-earnings ratio of -5.00 and a beta of 3.57. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.12.

Opus One Gold Company Profile

Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Courville project situated in Courville Township, Quebec; La Grande property that consists of 3 claim blocks covering an area of 1,541 hectares located within the La Grande lithium exploration district; and Wemindji property that comprises 1 claim block covering an area of 2,590 hectares located in James Bay, Quebec.