Omineca Mining and Metals (CVE:OMM) Stock Price Down 15.4% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s share price fell 15.4% on Friday . The company traded as low as C$0.05 and last traded at C$0.06. 1,143,437 shares were traded during trading, an increase of 162% from the average session volume of 436,820 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Performance

The stock has a market capitalization of C$9.90 million, a price-to-earnings ratio of -5.50 and a beta of 0.25. The stock has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96.

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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