Highway 50 Gold Corp. (CVE:HWY – Get Free Report) shares rose 1.3% during trading on Monday . The stock traded as high as C$0.41 and last traded at C$0.40. 14,500 shares traded hands during trading, a decline of 52% from the average daily volume of 30,215 shares. The stock had previously closed at C$0.40.
Highway 50 Gold Trading Up 1.3%
The company has a quick ratio of 0.15, a current ratio of 0.18 and a debt-to-equity ratio of 61.21. The business’s fifty day moving average is C$0.39 and its two-hundred day moving average is C$0.42. The firm has a market cap of C$17.81 million, a price-to-earnings ratio of -13.33 and a beta of 0.04.
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.
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