Geomega Resources Inc. (CVE:GMA – Get Free Report)’s share price rose 10.6% during mid-day trading on Wednesday . The company traded as high as C$0.27 and last traded at C$0.26. Approximately 444,716 shares were traded during trading, an increase of 259% from the average session volume of 123,814 shares. The stock had previously closed at C$0.23.
Geomega Resources Stock Up 12.8%
The company has a debt-to-equity ratio of 62.12, a current ratio of 2.17 and a quick ratio of 6.08. The company’s 50-day simple moving average is C$0.25 and its 200 day simple moving average is C$0.27. The firm has a market cap of C$43.80 million, a P/E ratio of -88.33 and a beta of 3.55.
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.
Featured Articles
- Five stocks we like better than Geomega Resources
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
- 5 Buy-and-Hold Stocks Built to Weather a Volatile Market
- Movado’s Turnaround Gains Momentum
- Qualcomm’s Discount Could Vanish If Its AI Bet Pays Off
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.
