Spanish Mountain Gold Ltd. (CVE:SPA - Get Free Report)'s stock price was down 5.2% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 617,434 shares traded hands during mid-day trading, an increase of 68% from the average daily volume of 367,330 shares. The stock had previously closed at C$0.14.
Analyst Upgrades and Downgrades
Separately, Atrium Research raised shares of Spanish Mountain Gold to a "strong-buy" rating in a report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Spanish Mountain Gold currently has a consensus rating of "Strong Buy".
Check Out Our Latest Stock Analysis on SPA
Spanish Mountain Gold Price Performance
The business's 50-day simple moving average is C$0.15 and its 200-day simple moving average is C$0.15. The stock has a market cap of C$67.65 million, a PE ratio of -13.80 and a beta of 0.70. The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26.
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.
Further Reading
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