Shares of Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.12 and traded as low as C$0.12. Spanish Mountain Gold shares last traded at C$0.13, with a volume of 244,700 shares.
Spanish Mountain Gold Stock Up 12.0 %
The company has a debt-to-equity ratio of 0.26, a current ratio of 5.99 and a quick ratio of 3.03. The stock has a market cap of C$54.68 million, a PE ratio of -14.00 and a beta of 1.87. The company has a 50 day moving average price of C$0.12 and a two-hundred day moving average price of C$0.13.
Insider Buying and Selling
In other news, Director Lembit Janes acquired 400,000 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average price of C$0.10 per share, with a total value of C$40,000.00. 33.34% of the stock is currently owned by corporate insiders.
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.
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