Otis Gold Corp. (OOO.V) (CVE:OOO) Shares Up 8.7% – Should You Buy?

Otis Gold Corp. (OOO.V) (CVE:OOO) shares were up 8.7% during trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 106,732 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 186,136 shares. The stock had previously closed at C$0.12.

Otis Gold Corp. (OOO.V) Stock Performance

The company’s fifty day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.12. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.34 and a current ratio of 0.37. The stock has a market capitalization of C$21.93 million and a P/E ratio of -17.86.

About Otis Gold Corp. (OOO.V)

Otis Gold Corp. acquires, explores for, and develops precious metals deposits in the United States. The company explores for gold and silver deposits. Its flagship project is the Kilgore gold project that includes 614 unpatented federal lode mining claims covering an area of 12,280 acres located in the Clark County, Idaho.