Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report)'s share price traded down 3.2% during trading on Wednesday . The company traded as low as C$0.15 and last traded at C$0.15. 156,500 shares changed hands during trading, an increase of 46% from the average session volume of 106,962 shares. The stock had previously closed at C$0.16.
Spanish Mountain Gold Stock Performance
The company has a debt-to-equity ratio of 0.26, a current ratio of 5.99 and a quick ratio of 3.03. The company has a market capitalization of C$52.73 million, a price-to-earnings ratio of -13.50 and a beta of 1.87. The stock has a 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.18.
Insider Activity at Spanish Mountain Gold
In other news, Director Lembit Janes purchased 180,500 shares of the business's stock in a transaction on Tuesday, September 10th. The shares were bought at an average price of C$0.17 per share, with a total value of C$29,782.50. 33.34% of the stock is owned by corporate 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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