Spanish Mountain Gold (CVE:SPA) Stock Passes Below 50 Day Moving Average of $0.20

Spanish Mountain Gold Ltd. (CVE:SPA – Get Rating)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.20 and traded as low as C$0.20. Spanish Mountain Gold shares last traded at C$0.21, with a volume of 52,270 shares.

Spanish Mountain Gold Trading Up 2.5 %

The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.03 and a current ratio of 3.06. The company’s fifty day simple moving average is C$0.20 and its 200-day simple moving average is C$0.17. The company has a market capitalization of C$70.07 million, a P/E ratio of -70.00 and a beta of 1.87.

About Spanish Mountain Gold

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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 6 placer claims covering an area of approximately 10,000 hectares located in the Cariboo region of central British Columbia.