Omineca Mining and Metals (CVE:OMM) Reaches New 52-Week Low – Here’s Why

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price reached a new 52-week low during trading on Monday. The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 103,700 shares traded. The stock had previously closed at C$0.04.

Omineca Mining and Metals Stock Performance

The company has a market cap of C$12.05 million, a price-to-earnings ratio of -5.50 and a beta of -0.93. The business’s fifty day moving average price is C$0.05 and its 200 day moving average price is C$0.06. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41.

Omineca Mining and Metals Company Profile

(Get Free Report)

Omineca Mining and Metals Ltd., a junior resource company, explores for and develops mineral resources in Canada. Its flagship project is the Wingdam gold project covering an area of 50,000 hectares located in the prolific Barkerville gold camp in central British Columbia. The company holds interest in the Fraser Canyon project and Mouse Mountain Project located in British Columbia. The company was incorporated in 2011 and is based in Saskatoon, Canada.

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