Highway 50 Gold Corp. (CVE:HWY – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.20 and last traded at C$0.18, with a volume of 16000 shares trading hands. The stock had previously closed at C$0.16.
Highway 50 Gold Stock Up 14.3 %
The firm has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.11. The company has a debt-to-equity ratio of 8.72, a current ratio of 0.49 and a quick ratio of 0.15. The company has a market cap of C$10.98 million, a price-to-earnings ratio of 8.00 and a beta of 0.09.
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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