Highway 50 Gold Corp. (CVE:HWY – Get Free Report)’s stock price rose 2.4% during trading on Thursday . The stock traded as high as C$0.43 and last traded at C$0.43. Approximately 7,000 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 30,690 shares. The stock had previously closed at C$0.42.
Highway 50 Gold Stock Performance
The company has a debt-to-equity ratio of 61.21, a quick ratio of 0.15 and a current ratio of 0.18. The firm has a 50 day moving average of C$0.42 and a 200-day moving average of C$0.43. The stock has a market capitalization of C$19.15 million, a PE ratio of -14.33 and a beta of -0.18.
Highway 50 Gold Company Profile
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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