Opawica Explorations (CVE:OPW) Stock Price Down 8.2% – Should You Sell?

Opawica Explorations Inc. (CVE:OPW)’s share price traded down 8.2% during trading on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. 138,382 shares changed hands during trading, an increase of 104% from the average session volume of 67,734 shares. The stock had previously closed at C$0.25.

Opawica Explorations Stock Performance

The firm has a market cap of C$5.30 million, a PE ratio of -0.70 and a beta of 1.45. The company has a quick ratio of 2.11, a current ratio of 1.13 and a debt-to-equity ratio of 1.03. The company has a 50-day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.14.

Opawica Explorations Company Profile

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.