Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$0.29 and last traded at C$0.25, with a volume of 409518 shares trading hands. The stock had previously closed at C$0.25.
Spanish Mountain Gold Stock Performance
The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.03 and a current ratio of 24.01. The firm has a 50 day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.17. The firm has a market capitalization of C$91.37 million, a P/E ratio of -70.00 and a beta of 2.00.
Insider Buying and Selling at Spanish Mountain Gold
In related news, Director Lembit Janes acquired 161,000 shares of the company's stock in a transaction on Friday, February 9th. The shares were acquired at an average cost of C$0.18 per share, for a total transaction of C$28,175.00. In the last three months, insiders have purchased 1,102,000 shares of company stock worth $191,222. Corporate insiders own 33.38% of the company's stock.
Spanish Mountain Gold Company Profile
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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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