Omineca Mining and Metals (CVE:OMM) Shares Up 9.1% – Here’s Why

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shares shot up 9.1% during trading on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06. 127,450 shares changed hands during trading, a decline of 1% from the average session volume of 128,251 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Price Performance

The company’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.08. The firm has a market cap of C$11.71 million, a price-to-earnings ratio of -6.50 and a beta of 0.25. The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65.

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.

Further Reading

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.