Omineca Mining and Metals (CVE:OMM) Shares Down 18.2% – Time to Sell?

Shares of Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) fell 18.2% during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.05. 1,012,300 shares changed hands during mid-day trading, an increase of 277% from the average session volume of 268,756 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Trading Down 18.2 %

The stock’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06. The stock has a market capitalization of C$8.10 million, a PE ratio of -4.50 and a beta of 0.25. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41.

About Omineca Mining and Metals

(Get Free Report)

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.

See Also

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.