Opawica Explorations (CVE:OPW) Trading 16.7% Higher – What’s Next?

Opawica Explorations Inc. (CVE:OPW)’s share price shot up 16.7% during mid-day trading on Wednesday . The company traded as high as C$0.14 and last traded at C$0.14. 101,659 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 88,154 shares. The stock had previously closed at C$0.12.

Opawica Explorations Trading Up 16.7%

The company has a market cap of C$5.51 million, a P/E ratio of -1.58 and a beta of -0.81. The company’s fifty day moving average is C$0.10 and its 200 day moving average is C$0.09.

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. It also holds 100% interests in the Cornwall Property located in British Columbia. The company was incorporated in 1975 and is based in Vancouver, Canada.