Omineca Mining and Metals (CVE:OMM) Shares Down 22.2%

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price dropped 22.2% during trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.11. Approximately 336,808 shares were traded during trading, an increase of 78% from the average daily volume of 189,061 shares. The stock had previously closed at C$0.14.

Omineca Mining and Metals Stock Up 23.8 %

The company has a market capitalization of C$23.15 million, a price-to-earnings ratio of -6.50 and a beta of 0.39. The firm’s 50 day moving average price is C$0.09 and its two-hundred day moving average price is C$0.07. The company has a current ratio of 3.91, a quick ratio of 0.41 and a debt-to-equity ratio of 145.70.

Omineca Mining and Metals Company Profile

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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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