Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report)’s stock 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 Down 7.4 %
The company has a market cap of C$48.82 million, a P/E ratio of -12.50 and a beta of 1.87. The company’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.18. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.99 and a quick ratio of 3.03.
Insiders Place Their Bets
In other Spanish Mountain Gold news, Director Lembit Janes purchased 180,500 shares of the stock in a transaction dated Tuesday, September 10th. The shares were purchased at an average cost of C$0.17 per share, with a total value of C$29,782.50. Corporate 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.
Further Reading
- Five stocks we like better than Spanish Mountain Gold
- What is the FTSE 100 index?
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- What is the Dogs of the Dow Strategy? Overview and Examples
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Quiet Period Expirations Explained
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Spanish Mountain Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spanish Mountain Gold and related companies with MarketBeat.com's FREE daily email newsletter.