Omineca Mining and Metals (CVE:OMM) Stock Price Down 17.6% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shares fell 17.6% on Friday . The company traded as low as C$0.07 and last traded at C$0.07. 137,017 shares changed hands during 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 Stock Performance

The stock has a market capitalization of C$12.61 million, a price-to-earnings ratio of -7.00 and a beta of 0.25. 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 firm has a 50-day moving average of C$0.06 and a 200-day moving average 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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