Highway 50 Gold (CVE:HWY) Shares Down 2.9%

Shares of Highway 50 Gold Corp. (CVE:HWY) fell 2.9% during mid-day trading on Wednesday . The company traded as low as C$0.17 and last traded at C$0.17. 25,000 shares traded hands during mid-day trading, an increase of 94% from the average session volume of 12,889 shares. The stock had previously closed at C$0.18.

Highway 50 Gold Stock Down 2.9 %

The company has a debt-to-equity ratio of 52.19, a quick ratio of 0.15 and a current ratio of 0.17. The company has a market cap of C$7.84 million, a price-to-earnings ratio of -1.70 and a beta of -0.10. The business has a 50-day simple moving average of C$0.20 and a 200-day simple moving average of C$0.15.

About Highway 50 Gold

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.