Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 36900 shares. The stock had previously closed at C$0.11.
Geomega Resources Stock Performance
The company has a current ratio of 2.85, a quick ratio of 6.08 and a debt-to-equity ratio of 54.01. The firm’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.17. The firm has a market cap of C$14.30 million, a price-to-earnings ratio of -10.00 and a beta of 1.95.
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.
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