Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report)'s share price traded up 12% during trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.14. 465,944 shares traded hands during mid-day trading, an increase of 72% from the average session volume of 271,209 shares. The stock had previously closed at C$0.13.
Spanish Mountain Gold Stock Up 3.6 %
The company has a 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.13. The company has a market cap of C$56.63 million, a P/E ratio of -14.50 and a beta of 1.87. The company has a current ratio of 5.99, a quick ratio of 3.03 and a debt-to-equity ratio of 0.26.
Insider Buying and Selling at Spanish Mountain Gold
In other news, Director Lembit Janes purchased 827,000 shares of the company's stock in a transaction dated Wednesday, January 15th. The shares were acquired at an average price of C$0.09 per share, with a total value of C$74,430.00. 33.34% of the stock is currently owned by corporate insiders.
About Spanish Mountain Gold
(
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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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