Spanish Mountain Gold (CVE:SPA) Stock Price Passes Below 50 Day Moving Average of $0.06

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Spanish Mountain Gold Ltd (CVE:SPA) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.06 and traded as low as $0.07. Spanish Mountain Gold shares last traded at $0.07, with a volume of 55,730 shares traded.

The company has a current ratio of 2.88, a quick ratio of 2.81 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $16.27 million and a price-to-earnings ratio of -32.50.

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Spanish Mountain Gold Company Profile (CVE:SPA)

Spanish Mountain Gold Ltd., an exploration stage resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship property is the Spanish Mountain gold project, which comprises approximately 45 contiguous mineral claims and 6 placer claims covering an area of approximately 7,700 hectares located in the Cariboo region of central British Columbia.

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