Geomega Resources Inc. (CVE:GMA – Get Free Report) shares hit a new 52-week low during trading on Monday. The company traded as low as C$0.20 and last traded at C$0.21, with a volume of 241,982 shares traded. The stock had previously closed at C$0.22.
Geomega Resources Price Performance
The company has a current ratio of 2.17, a quick ratio of 6.08 and a debt-to-equity ratio of 62.12. The company has a market cap of C$34.26 million, a PE ratio of 102.50 and a beta of 3.29. The firm has a 50 day moving average of C$0.24 and a two-hundred day moving average of C$0.28.
About Geomega Resources
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi. The company was incorporated in 2008 and is headquartered in Boucherville, Canada.
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