Omineca Mining and Metals (CVE:OMM) Stock Price Down 7.7% – Should You Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s share price was down 7.7% during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06. 280,000 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 289,474 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Down 7.7%

The stock has a market cap of C$16.06 million, a P/E ratio of -6.00 and a beta of -0.88. The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65. The company has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07.

About Omineca Mining and Metals

(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

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.