Spanish Mountain Gold (CVE:SPA) Trading 11.1% Higher

Spanish Mountain Gold Ltd. (CVE:SPA)’s share price traded up 11.1% during mid-day trading on Monday . The stock traded as high as C$0.25 and last traded at C$0.25. 144,429 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 126,231 shares. The stock had previously closed at C$0.23.

Spanish Mountain Gold Stock Down 2.1 %

The firm’s fifty day moving average price is C$0.19 and its 200-day moving average price is C$0.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 24.01 and a quick ratio of 3.03. The firm has a market capitalization of C$87.64 million, a P/E ratio of -70.00 and a beta of 2.00.

Insider Activity

In other Spanish Mountain Gold news, Director Lembit Janes bought 161,000 shares of Spanish Mountain Gold stock in a transaction that occurred on Friday, February 9th. The stock was purchased at an average cost of C$0.18 per share, for a total transaction of C$28,175.00. Insiders purchased 1,089,500 shares of company stock worth $189,034 over the last three months. Corporate insiders own 33.38% of the company’s stock.

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.