Shares of 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$0.23. Spanish Mountain Gold shares last traded at C$0.23, with a volume of 180,235 shares changing hands.
Spanish Mountain Gold Trading Down 4.2%
The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.03 and a current ratio of 5.99. The firm’s fifty day simple moving average is C$0.33 and its 200-day simple moving average is C$0.32. The stock has a market cap of C$121.62 million, a P/E ratio of -11.50 and a beta of 1.51.
Spanish Mountain Gold Company Profile
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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