Highway 50 Gold Corp. (CVE:HWY – Get Free Report) traded down 5.3% during mid-day trading on Tuesday . The stock traded as low as C$0.36 and last traded at C$0.36. 5,000 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 45,885 shares. The stock had previously closed at C$0.38.
Highway 50 Gold Stock Performance
The company has a current ratio of 0.18, a quick ratio of 0.15 and a debt-to-equity ratio of 61.21. The firm has a 50-day moving average of C$0.18 and a 200-day moving average of C$0.19. The stock has a market capitalization of C$16.61 million, a price-to-earnings ratio of -4.00 and a beta of 0.08.
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.
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