Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report)’s stock price traded up 17.9% during trading on Wednesday. The company traded as high as C$0.23 and last traded at C$0.23. Approximately 894,053 shares were traded during mid-day trading, an increase of 35% from the average daily volume of 663,721 shares. The stock had previously closed at C$0.20.
Spanish Mountain Gold Stock Performance
The company’s fifty day moving average price is C$0.30 and its two-hundred day moving average price is C$0.29. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.03 and a current ratio of 5.99. The firm has a market capitalization of C$121.55 million, a PE ratio of -11.50 and a beta of 1.51.
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. The company was formerly known as Skygold Ventures Ltd. and changed its name to Spanish Mountain Gold Ltd.
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