Omineca Mining and Metals (CVE:OMM) Trading Down 13% – Time to Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price traded down 13% during mid-day trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. 282,421 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 472,624 shares. The stock had previously closed at C$0.12.

Omineca Mining and Metals Trading Down 13.0%

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 stock has a market capitalization of C$26.21 million, a PE ratio of -10.00 and a beta of -2.26. The business’s 50-day moving average is C$0.09 and its two-hundred day moving average 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. The company was incorporated in 2011 and is based in Saskatoon, Canada.

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