Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.33 and traded as low as C$0.28. Spanish Mountain Gold shares last traded at C$0.28, with a volume of 557,257 shares traded.
Spanish Mountain Gold Stock Performance
The company has a market capitalization of C$149.72 million, a price-to-earnings ratio of -28.50 and a beta of 1.38. The stock has a 50 day simple moving average of C$0.33 and a 200 day simple moving average of C$0.27. The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26.
About Spanish Mountain Gold
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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