Spanish Mountain Gold Ltd. (CVE:SPA) Director Acquires C$59,220.00 in Stock

Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report) Director Lembit Janes bought 423,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were purchased at an average price of C$0.14 per share, with a total value of C$59,220.00.

Lembit Janes also recently made the following trade(s):

• On Wednesday, January 15th, Lembit Janes acquired 827,000 shares of Spanish Mountain Gold stock. The stock was acquired at an average cost of C$0.09 per share, with a total value of C$74,430.00.
• On Monday, December 23rd, Lembit Janes acquired 400,000 shares of Spanish Mountain Gold stock. The shares were bought at an average cost of C$0.10 per share, for a total transaction of C$40,000.00.

Spanish Mountain Gold Stock Down 3.7 %

CVE:SPA traded down C$0.01 during midday trading on Monday, reaching C$0.13. The company had a trading volume of 318,500 shares, compared to its average volume of 278,761. The stock's fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.13. The company has a current ratio of 5.99, a quick ratio of 3.03 and a debt-to-equity ratio of 0.26. Spanish Mountain Gold Ltd. has a 12-month low of C$0.09 and a 12-month high of C$0.29. The firm has a market capitalization of C$50.77 million, a price-to-earnings ratio of -13.00 and a beta of 1.87.

About Spanish Mountain Gold

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.