Opawica Explorations (CVE:OPW) Trading Up 33.3% – Should You Buy?

Opawica Explorations Inc. (CVE:OPW)’s stock price was up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 348,183 shares traded hands during trading, an increase of 166% from the average daily volume of 131,115 shares. The stock had previously closed at C$0.08.

Opawica Explorations Trading Up 33.3%

The company has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.08. The firm has a market capitalization of C$3.93 million, a P/E ratio of -1.67 and a beta of -0.61.

About Opawica Explorations

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.