Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price fell 1.8% on Thursday . The stock traded as low as C$0.27 and last traded at C$0.27. 10,500 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 128,363 shares. The stock had previously closed at C$0.28.
Geomega Resources Stock Down 1.8%
The stock has a market capitalization of C$44.63 million, a price-to-earnings ratio of -90.00 and a beta of 3.44. The company has a quick ratio of 6.08, a current ratio of 2.17 and a debt-to-equity ratio of 62.12. The business’s 50-day moving average is C$0.27 and its two-hundred day moving average is C$0.29.
About Geomega Resources
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. The company was incorporated in 2008 and is headquartered in Boucherville, Canada.
Recommended Stories
- Five stocks we like better than Geomega Resources
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
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.
