Omineca Mining and Metals (CVE:OMM) Stock Price Down 17.6% – What’s Next?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price fell 17.6% during trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 136,517 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 149,839 shares. The stock had previously closed at C$0.09.

Omineca Mining and Metals Stock Performance

The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The company has a market cap of C$12.61 million, a P/E ratio of -7.00 and a beta of 0.25. The stock’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07.

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.

Further Reading

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