Omineca Mining and Metals (CVE:OMM) Trading Up 16.7% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) was up 16.7% during trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 395,833 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 478,834 shares. The stock had previously closed at C$0.09.

Omineca Mining and Metals Stock Up 22.2%

The firm has a market cap of C$28.83 million, a PE ratio of -11.00 and a beta of -2.26. The business’s 50 day moving average price is C$0.09 and its 200 day moving average price is C$0.07. 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

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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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