Shares of Geomega Resources Inc. (CVE:GMA – Get Free Report) were down 3.2% on Tuesday . The stock traded as low as C$0.30 and last traded at C$0.30. 78,085 shares were traded during trading, a decline of 53% from the average daily volume of 167,672 shares. The stock had previously closed at C$0.31.
Geomega Resources Trading Down 3.2%
The company has a market cap of C$44.63 million, a PE ratio of -16.67 and a beta of 3.31. The company has a current ratio of 2.17, a quick ratio of 6.08 and a debt-to-equity ratio of 62.12. The firm has a fifty day moving average of C$0.33 and a two-hundred day moving average of C$0.25.
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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