Omineca Mining and Metals (CVE:OMM) Reaches New 1-Year Low – Time to Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 210178 shares traded. The stock had previously closed at C$0.05.

Omineca Mining and Metals Price Performance

The company’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65. The stock has a market capitalization of C$8.10 million, a PE ratio of -4.50 and a beta of 0.25.

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.

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