Opawica Explorations (CVE:OPW) Trading Down 8.6% – Time to Sell?

Opawica Explorations Inc. (CVE:OPWGet Free Report) shares dropped 8.6% on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 5,867 shares traded hands during trading, a decline of 90% from the average daily volume of 58,503 shares. The stock had previously closed at C$0.18.

Opawica Explorations Stock Performance

The company has a market cap of C$6.04 million, a PE ratio of -1.79 and a beta of 1.45. The firm’s 50 day moving average is C$0.20 and its 200-day moving average is C$0.19.

About Opawica Explorations

(Get Free Report)

Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec.

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