Geomega Resources Inc. (CVE:GMA – Get Free Report)’s share price was up 6.3% on Tuesday . The company traded as high as C$0.35 and last traded at C$0.34. Approximately 370,429 shares changed hands during trading, an increase of 139% from the average daily volume of 155,099 shares. The stock had previously closed at C$0.32.
Geomega Resources Stock Down 6.3%
The stock’s 50-day moving average price is C$0.33 and its two-hundred day moving average price is C$0.24. The stock has a market capitalization of C$44.63 million, a P/E ratio of -16.67 and a beta of 3.31. The company has a current ratio of 2.17, a quick ratio of 6.08 and a debt-to-equity ratio of 62.12.
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.
Featured Articles
- Five stocks we like better than Geomega Resources
- Investing In Automotive Stocks
- CAVA Stock Looking for Direction After Earnings Miss
- Comparing and Trading High PE Ratio Stocks
- 3 Small AI Stocks Ready to Explode (All Under $20)
- What is Insider Trading? What You Can Learn from Insider Trading
- After 16% Fall, Analysts Eye a Big Recovery in Meta Platforms
Receive News & Ratings for Geomega Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geomega Resources and related companies with MarketBeat.com's FREE daily email newsletter.
