Spanish Mountain Gold (CVE:SPA) Trading Down 14.8% – Here’s Why

Posted by Donald Scott on Dec 6th, 2025

Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report) traded down 14.8% during trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. 1,669,179 shares changed hands during trading, an increase of 229% from the average session volume of 507,406 shares. The stock had previously closed at C$0.27.

Wall Street Analysts Forecast Growth

Separately, Atrium Research raised shares of Spanish Mountain Gold to a “strong-buy” rating in a report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Read Our Latest Research Report on SPA

Spanish Mountain Gold Trading Up 4.3%

The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26. The stock’s 50 day moving average price is C$0.16 and its 200-day moving average price is C$0.16. The stock has a market capitalization of C$117.73 million, a PE ratio of -24.00 and a beta of 1.28.

Spanish Mountain Gold Company Profile

(Get Free Report)

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.