Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 36900 shares trading hands. The stock had previously closed at C$0.11.
Geomega Resources Trading Down 9.1 %
The company has a debt-to-equity ratio of 54.01, a quick ratio of 6.08 and a current ratio of 2.85. The stock has a fifty day moving average price of C$0.14 and a 200 day moving average price of C$0.17. The stock has a market cap of C$14.30 million, a PE ratio of -10.00 and a beta of 1.95.
About Geomega Resources
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi.
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