Omni-Lite Industries Canada (CVE:OML) Issues Earnings Results

Omni-Lite Industries Canada (CVE:OML – Get Free Report) announced its earnings results on Wednesday. The company reported C$0.03 earnings per share (EPS) for the quarter, RTT News reports. Omni-Lite Industries Canada had a return on equity of 8.42% and a net margin of 7.68%.

Omni-Lite Industries Canada Stock Down 11.3%

Shares of CVE OML opened at C$1.42 on Wednesday. The company has a quick ratio of 2.23, a current ratio of 4.58 and a debt-to-equity ratio of 37.99. The firm has a market cap of C$21.98 million, a price-to-earnings ratio of 142.00 and a beta of -0.32. The business’s 50 day moving average is C$1.39 and its two-hundred day moving average is C$1.51. Omni-Lite Industries Canada has a 52-week low of C$1.12 and a 52-week high of C$1.90.

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Omni-Lite Industries Canada Company Profile

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Omni-Lite Industries Canada Inc operates as a designer and manufacturer of precision components in the United States and Canada. It offers forged, electronic, and investment casting components for aerospace, military, specialty, automotive, sports, and recreational industries. The company was incorporated in 1992 and is headquartered in Cerritos, California.

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