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Omineca Mining and Metals Ltd. (TSXV:OMM.V) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Omineca Mining and Metals Ltd. (TSXV:OMM.V) seasonal charts above shows that a Buy Date of December 27 and a Sell Date of May 3 has resulted in a geometric average return of 58.1% above the benchmark rate of the S&P 500 Total Return Index over the past 9 years. This seasonal timeframe has shown positive results compared to the benchmark in 7 of those periods. This is a good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 9 years by an average of 62.5% per year.

The seasonal timeframe correlates Fairly Well with the period of seasonal strength for the Materials sector, which runs from November 20 to May 5. The seasonal chart for the broad sector is available via the following link: Materials Sector Seasonal Chart.

A word of caution: Only 9 years of data is available for shares of OMM.V, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Omineca Mining and Metals Ltd is a junior resource company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company is focused on the development of Abo (Harrison) project, Wingdam project, Fraser Canyon project in British Columbia and Kiwi project in Yukon. It’s Abo (Harrison) project consist of over 11 claims and is situated north of Harrison hot springs, British Columbia. The Wingdam gold project is located along the lightning creek near the Wells-Barkerville area approximately 42 kilometres east of Quesnel. It’s Fraser Canyon gold property covers an area of approximately 25 kilometres northwest of Quesnel. The company’s Kiwi property lies approximately 70 kilometres northeast of Ross River, in the central Yukon.

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