Opawica Explorations (CVE:OPW) Stock Price Up 10.3% – Time to Buy?

Opawica Explorations Inc. (CVE:OPWGet Free Report)’s share price rose 10.3% during mid-day trading on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.16. 241,692 shares traded hands during trading, an increase of 267% from the average session volume of 65,790 shares. The stock had previously closed at C$0.14.

Opawica Explorations Stock Up 13.8%

The stock has a market cap of C$6.51 million, a price-to-earnings ratio of -16.50 and a beta of -0.76. The business has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.12. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.59 and a quick ratio of 2.11.

Opawica Explorations Company Profile

(Get Free Report)

Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec. It also holds 100% interests in the Cornwall Property located in British Columbia. The company was incorporated in 1975 and is based in Vancouver, Canada.

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