Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 71201 shares traded. The stock had previously closed at C$0.09.
Geomega Resources Stock Performance
The stock has a market capitalization of C$12.19 million, a P/E ratio of -8.50 and a beta of 1.90. The stock has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.13. The company has a debt-to-equity ratio of 54.01, a quick ratio of 6.08 and a current ratio of 2.85.
About Geomega Resources
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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