Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report) rose 7.7% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 761,000 shares traded hands during mid-day trading, an increase of 155% from the average daily volume of 298,144 shares. The stock had previously closed at C$0.13.
Spanish Mountain Gold Stock Down 6.9 %
The business has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.13. The firm has a market cap of C$52.73 million, a P/E ratio of -13.50 and a beta of 1.87. The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26.
Insider Transactions at Spanish Mountain Gold
In related news, Director Lembit Janes bought 268,500 shares of the company's stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of C$0.12 per share, for a total transaction of C$30,877.50. Insiders bought 2,684,500 shares of company stock valued at $284,173 over the last three months. Company insiders own 33.34% of the company's stock.
Spanish Mountain Gold Company Profile
(
Get Free Report)
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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