Geomega Resources Inc. (CVE:GMA – Get Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 151000 shares traded. The stock had previously closed at C$0.11.
Geomega Resources Price Performance
The company has a quick ratio of 6.08, a current ratio of 2.85 and a debt-to-equity ratio of 54.01. The stock has a market cap of C$15.73 million, a P/E ratio of -11.00 and a beta of 1.95. The firm has a 50 day moving average price of C$0.14 and a 200 day moving average price of C$0.17.
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.
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