Omineca Mining and Metals (CVE:OMM) Hits New 1-Year Low – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday. The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 155,522 shares changing hands. The stock had previously closed at C$0.04.

Omineca Mining and Metals Stock Down 11.1%

The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The company has a market capitalization of C$10.71 million, a price-to-earnings ratio of -5.50 and a beta of -0.93. The firm has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.07.

Omineca Mining and Metals Company Profile

(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.

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