Opawica Explorations (CVE:OPW) Hits New 52-Week High – Here’s Why

Opawica Explorations Inc. (CVE:OPWGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.15 and last traded at C$0.14, with a volume of 139000 shares changing hands. The stock had previously closed at C$0.14.

Opawica Explorations Price Performance

The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.11 and a current ratio of 0.59. The business has a 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.12. The firm has a market cap of C$6.31 million, a P/E ratio of -16.00 and a beta of -0.76.

Opawica Explorations Company Profile

(Get Free Report)

Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec. It also holds 100% interests in the Cornwall Property located in British Columbia. The company was incorporated in 1975 and is based in Vancouver, Canada.

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