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

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s share price was down 17.6% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 137,017 shares changed hands during trading, a decline of 9% from the average daily volume of 149,839 shares. The stock had previously closed at C$0.09.

Omineca Mining and Metals Price Performance

The stock has a market cap of C$12.61 million, a PE ratio of -7.00 and a beta of 0.25. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The business has a 50 day moving average price of C$0.06 and a two-hundred 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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