Highway 50 Gold (CVE:HWY) Stock Price Down 4% – Time to Sell?

Highway 50 Gold Corp. (CVE:HWY)’s stock price fell 4% on Friday . The company traded as low as C$0.48 and last traded at C$0.48. 9,000 shares changed hands during trading, a decline of 78% from the average session volume of 40,828 shares. The stock had previously closed at C$0.50.

Highway 50 Gold Trading Down 4.0%

The firm’s 50 day moving average price is C$0.44 and its 200-day moving average price is C$0.47. The stock has a market cap of C$18.44 million, a P/E ratio of -24.00 and a beta of 0.20. The company has a debt-to-equity ratio of 61.21, a current ratio of 0.18 and a quick ratio of 0.15.

About Highway 50 Gold

Highway 50 Gold Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of assets in North America. The company explores for gold deposits. Its projects portfolio includes the Gold Knob project comprises 589 unpatented claims located in Winnemucca, Nevada; the Golden Brew project that consists of 101 unpatented claims located in Lander County, Nevada; the Johnson Canyon project, which comprises 186 claims located in Lander County, Nevada; and the Monroe project covering an area of 1,282 hectares located in the Fort Steele Mining Division, southeast British Columbia.