Omineca Mining and Metals (CVE:OMM) Reaches New 12-Month Low – Here’s Why

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) reached a new 52-week low on Monday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 22,000 shares. The stock had previously closed at C$0.04.

Omineca Mining and Metals Stock Performance

The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The stock has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07. The stock has a market cap of C$10.71 million, a PE ratio of -5.50 and a beta of -1.35.

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. The company was incorporated in 2011 and is based in Saskatoon, Canada.

Further Reading

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