Shares of Geomega Resources Inc. (CVE:GMA – Get Free Report) were up 23.5% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 329,284 shares traded hands during mid-day trading, an increase of 480% from the average daily volume of 56,766 shares. The stock had previously closed at C$0.09.
Geomega Resources Price Performance
The firm has a market capitalization of C$13.62 million, a PE ratio of -9.50 and a beta of 1.88. The company has a debt-to-equity ratio of 62.12, a current ratio of 2.17 and a quick ratio of 6.08. The business’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.09.
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.
Recommended Stories
- Five stocks we like better than Geomega Resources
- What Are Treasury Bonds?
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- Canada Bond Market Holiday: How to Invest and Trade
- Top 3 Beverage Stocks Pouring Out Profits
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- CarMax and Carvana: Steering the Used Car Market
Receive News & Ratings for Geomega Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geomega Resources and related companies with MarketBeat.com's FREE daily email newsletter.
