Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.13, with a volume of 165000 shares changing hands. The stock had previously closed at C$0.13.
Spanish Mountain Gold Stock Up 4.2 %
The firm has a 50-day simple moving average of C$0.15 and a 200 day simple moving average of C$0.17. 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$48.82 million, a PE ratio of -12.00 and a beta of 1.87.
Insider Activity at Spanish Mountain Gold
In related news, Director Lembit Janes purchased 180,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was acquired at an average price of C$0.17 per share, for a total transaction of C$29,782.50. Company insiders own 33.34% of the company’s stock.
Spanish Mountain Gold Company Profile
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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