Omineca Mining and Metals (CVE:OMM) Shares Down 17.6% – Should You Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) traded down 17.6% during trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 136,517 shares were traded during mid-day trading, a decline of 9% from the average session volume of 149,839 shares. The stock had previously closed at C$0.09.

Omineca Mining and Metals Trading Down 14.3 %

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$10.80 million, a price-to-earnings ratio of -6.00 and a beta of 0.25. The business has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.07.

About Omineca Mining and Metals

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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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