Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The company traded as high as C$0.19 and last traded at C$0.19, with a volume of 132050 shares. The stock had previously closed at C$0.18.
Spanish Mountain Gold Stock Up 5.7%
The business has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.13. The company has a market cap of C$72.25 million, a price-to-earnings ratio of -18.50 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 Buying and Selling
In related news, Director Lembit Janes acquired 305,000 shares of the stock in a transaction dated Friday, April 11th. The shares were bought at an average cost of C$0.11 per share, for a total transaction of C$33,550.00. 33.34% of the stock is owned by insiders.
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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