OM (ASX:OMH) Stock Price Down 4%

OM Holdings Limited (ASX:OMH)’s stock price was down 4% during trading on Tuesday . The company traded as low as A$0.48 ($0.34) and last traded at A$0.48 ($0.34), approximately 334,431 shares changed hands during mid-day trading. The stock had previously closed at A$0.50 ($0.35).

The company has a market cap of $354.54 million and a P/E ratio of 2.98. The company has a quick ratio of 0.38, a current ratio of 1.55 and a debt-to-equity ratio of 101.76. The business’s 50 day moving average is A$0.46 and its 200 day moving average is A$0.74.

The firm also recently disclosed a Interim dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 29th will be paid a $0.01 dividend. This represents a yield of 1.92%. The ex-dividend date is Thursday, November 7th. OM’s dividend payout ratio (DPR) is 12.42%.

About OM (ASX:OMH)

OM Holdings Limited, an investment holding company, engages in mining, smelting, trading, and marketing ores and ferroalloys. The company operates through Mining, Smelting, and Marketing and Trading segments. It owns Bootu Creek manganese mine located in the Northern territory of Australia. The company also provides manganese ferroalloys, ferrosilicon, and manganese sinter ore.

See Also: What is channel trading?

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