Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report)'s stock price dropped 16.9% on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 2,640,225 shares changed hands during mid-day trading, an increase of 822% from the average daily volume of 286,290 shares. The stock had previously closed at C$0.16.
Spanish Mountain Gold Stock Performance
The stock has a market capitalization of C$52.73 million, a PE ratio of -13.50 and a beta of 1.87. The company's 50-day moving average price is C$0.17 and its 200 day moving average price is C$0.14. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.03 and a current ratio of 5.99.
About Spanish Mountain Gold
(
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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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