Opus One Gold (CVE:OOR) Stock Price Up 18.2% – Here’s What Happened

Shares of Opus One Gold Co. (CVE:OORGet Free Report) shot up 18.2% during trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 878,040 shares changed hands during mid-day trading, an increase of 523% from the average daily volume of 140,964 shares. The stock had previously closed at C$0.06.

Opus One Gold Stock Performance

The stock has a market cap of C$14.95 million, a price-to-earnings ratio of -5.50 and a beta of 3.40. The stock’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.07. The company has a current ratio of 0.12, a quick ratio of 0.44 and a debt-to-equity ratio of 0.25.

About Opus One Gold

(Get Free Report)

Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Courville project situated in Courville Township, Quebec; La Grande property that consists of 3 claim blocks covering an area of 1,541 hectares located within the La Grande lithium exploration district; and Wemindji property that comprises 1 claim block covering an area of 2,590 hectares located in James Bay, Quebec.

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