Geomega Resources Inc. (CVE:GMA – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 151000 shares. The stock had previously closed at C$0.11.
Geomega Resources Stock Performance
The company has a quick ratio of 6.08, a current ratio of 2.85 and a debt-to-equity ratio of 54.01. The stock has a market cap of C$15.01 million, a price-to-earnings ratio of -10.50 and a beta of 1.95. The company’s 50-day simple moving average is C$0.14 and its 200-day simple moving average is C$0.17.
Geomega Resources Company Profile
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.
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