Geomega Resources Inc. (CVE:GMA – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 80848 shares traded. The stock had previously closed at C$0.12.
Geomega Resources Price Performance
The firm has a market cap of C$16.44 million, a P/E ratio of -11.50 and a beta of 1.95. The company has a quick ratio of 6.08, a current ratio of 3.86 and a debt-to-equity ratio of 56.43. The firm has a fifty day moving average of C$0.16 and a 200-day moving average of C$0.17.
Geomega Resources Company Profile
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.
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