Insider Buying: Spanish Mountain Gold Ltd. (CVE:SPA) Director Acquires C$10,450.00 in Stock

Spanish Mountain Gold Ltd. (CVE:SPAGet Free Report) Director Lembit Janes acquired 95,000 shares of Spanish Mountain Gold stock in a transaction on Wednesday, April 9th. The shares were bought at an average price of C$0.11 per share, for a total transaction of C$10,450.00.

Lembit Janes also recently made the following trade(s):

  • On Wednesday, March 19th, Lembit Janes bought 423,000 shares of Spanish Mountain Gold stock. The stock was bought at an average price of C$0.14 per share, for a total transaction of C$59,220.00.
  • On Wednesday, January 15th, Lembit Janes purchased 827,000 shares of Spanish Mountain Gold stock. The stock was purchased at an average price of C$0.09 per share, with a total value of C$74,430.00.

Spanish Mountain Gold Trading Up 9.1 %

Shares of CVE SPA opened at C$0.12 on Friday. The stock has a market capitalization of C$46.87 million, a P/E ratio of -12.00 and a beta of 1.87. The stock’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12. The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26. Spanish Mountain Gold Ltd. has a 52-week low of C$0.09 and a 52-week high of C$0.25.

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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