Mawson Gold (TSE:MAW) Stock Passes Above 50 Day Moving Average of $0.35

Mawson Gold Limited (TSE:MAW) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.35 and traded as high as C$0.36. Mawson Gold shares last traded at C$0.35, with a volume of 101,500 shares traded.

Mawson Gold Price Performance

The company has a debt-to-equity ratio of 1.12, a current ratio of 5.79 and a quick ratio of 13.85. The company has a 50-day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.29. The stock has a market capitalization of C$101.97 million, a price-to-earnings ratio of -17.25 and a beta of 1.50.

Insiders Place Their Bets

In other Mawson Gold news, Director Bruce John Griffin sold 369,000 shares of the stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of C$0.56, for a total value of C$206,640.00. Insiders have sold 383,500 shares of company stock valued at $215,529 over the last three months. Company insiders own 1.28% of the company’s stock.

About Mawson Gold

Mawson Gold Limited operates as a gold exploration company in Finland and Sweden. The company also explores for cobalt, copper, lead, zinc, and silver deposits. Its flagship project is the Rompas-Rajapalot project that consists of 5 granted exploration permits and 8 exploration permit applications located in Finland.