Omineca Mining and Metals (CVE:OMM) Stock Price Down 9.1% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price fell 9.1% during mid-day trading on Friday. The stock traded as low as C$0.05 and last traded at C$0.05. 996,788 shares changed hands during trading, an increase of 276% from the average daily volume of 264,849 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Stock Down 9.1%

The firm has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The stock has a market capitalization of C$13.39 million, a P/E ratio of -5.50 and a beta of -1.15.

Omineca Mining and Metals Company Profile

(Get Free Report)

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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