Omineca Mining and Metals (CVE:OMM) Shares Down 15.4% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) fell 15.4% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.06. 1,143,437 shares were traded during mid-day trading, an increase of 162% from the average session volume of 436,820 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Price Performance

The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The company has a market capitalization of C$9.90 million, a P/E ratio of -5.50 and a beta of 0.25. The company has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.07.

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.

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