Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report)'s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.16 and traded as low as C$0.14. Spanish Mountain Gold shares last traded at C$0.14, with a volume of 600 shares traded.
Spanish Mountain Gold Stock Down 7.1 %
The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.03 and a current ratio of 5.99. The firm has a market cap of C$50.77 million, a price-to-earnings ratio of -14.00 and a beta of 1.87. The business's 50 day moving average price is C$0.16 and its 200 day moving average price is C$0.18.
Insider Buying and Selling
In other Spanish Mountain Gold news, Director Lembit Janes bought 180,500 shares of the company's stock in a transaction dated Tuesday, September 10th. The shares were purchased at an average cost of C$0.17 per share, for a total transaction of C$29,782.50. 33.34% of the stock is currently owned by insiders.
Spanish Mountain Gold Company Profile
(
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Spanish Mountain Gold Ltd., an exploration stage resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. It holds a 100% interest in the Spanish Mountain gold project, which comprises approximately 50 contiguous mineral claims and 13 placer claims covering an area of approximately 10,414 hectares located in the Cariboo region of central British Columbia.
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