Spanish Mountain Gold (CVE:SPA) Trading Down 13.6%
Spanish Mountain Gold Ltd (CVE:SPA) traded down 13.6% during mid-day trading on Monday . The stock traded as low as C$0.10 and last traded at C$0.10, 169,700 shares were traded during trading. An increase of 71% from the average session volume of 99,082 shares. The stock had previously closed at C$0.11.
The company has a current ratio of 2.88, a quick ratio of 2.81 and a debt-to-equity ratio of 0.34. The firm has a market cap of $26.25 million and a P/E ratio of -57.50. The firm has a 50-day simple moving average of C$0.10 and a 200-day simple moving average of C$0.08.
Spanish Mountain Gold Company Profile (CVE:SPA)
Spanish Mountain Gold Ltd., an exploration stage resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship property is the Spanish Mountain gold project, which comprises approximately 45 contiguous mineral claims and 6 placer claims covering an area of approximately 7,700 hectares located in the Cariboo region of central British Columbia.
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