Opus One Gold (CVE:OOR) Trading Down 9.1% – Should You Sell?

Opus One Gold Co. (CVE:OORGet Free Report)’s share price dropped 9.1% during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 549,000 shares traded hands during mid-day trading, an increase of 231% from the average daily volume of 166,074 shares. The stock had previously closed at C$0.06.

Opus One Gold Stock Performance

The company has a market cap of C$13.59 million, a P/E ratio of -5.00 and a beta of 3.56. The stock has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07. The company has a quick ratio of 0.44, a current ratio of 0.12 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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