Shares of Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.32 and traded as high as C$0.38. Spanish Mountain Gold shares last traded at C$0.37, with a volume of 158,766 shares.
Spanish Mountain Gold Trading Up 2.7%
The business’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.29. The company has a current ratio of 5.99, a quick ratio of 3.03 and a debt-to-equity ratio of 0.26. The company has a market capitalization of C$199.62 million, a price-to-earnings ratio of -38.00 and a beta of 1.39.
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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