Spanish Mountain Gold (CVE:SPA) Trading Down 6.3%

Spanish Mountain Gold Ltd. (CVE:SPA) traded down 6.3% on Monday . The stock traded as low as C$0.15 and last traded at C$0.15. 153,533 shares changed hands during mid-day trading, an increase of 48% from the average session volume of 103,765 shares. The stock had previously closed at C$0.16.

Spanish Mountain Gold Stock Performance

The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of C$0.17 and a 200-day moving average of C$0.18. The company has a market cap of C$56.63 million, a P/E ratio of -14.50 and a beta of 1.89.

Insider Activity at Spanish Mountain Gold

In other Spanish Mountain Gold news, Director Lembit Janes acquired 623,000 shares of the business’s stock in a transaction on Tuesday, July 16th. The stock was bought at an average price of C$0.18 per share, for a total transaction of C$109,025.00. Insiders have bought a total of 1,140,500 shares of company stock valued at $197,283 in the last ninety days. Company insiders own 33.29% of the company’s stock.

About Spanish Mountain Gold

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.