Shares of Gowest Gold Ltd. (CVE:GWA – Get Free Report) shot up 3.4% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. 3,947 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 193,369 shares. The stock had previously closed at C$0.15.
Gowest Gold Stock Performance
The company has a market cap of C$100.65 million, a PE ratio of -15.00 and a beta of 1.11. The company’s fifty day moving average price is C$0.15 and its 200 day moving average price is C$0.12. The company has a debt-to-equity ratio of 31.66, a current ratio of 1.37 and a quick ratio of 0.34.
About Gowest Gold
Gowest Gold Ltd. engages in the exploration and evaluation of gold mineral properties in Canada. The company focuses on the development of its 100% owned Bradshaw gold deposit, which is part of the North Timmins gold project located near Timmins, Ontario. It holds interest in the North Timmins Gold Project that covers one patented mining claim, 11 mining leases, and 56 unpatented mining claims covering an area of approximately 109 square kilometers in Evelyn, Gowan, Little, Prosser, Tully, and Wark Townships in the Timmins gold camp.
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