Gowest Gold (CVE:GWA) Reaches New 12-Month High at $0.15

Gowest Gold Ltd. (CVE:GWAGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15, with a volume of 2173 shares trading hands. The stock had previously closed at C$0.15.

Gowest Gold Trading Up 3.4 %

The stock has a market capitalization of C$100.65 million, a P/E ratio of -14.50 and a beta of 1.11. The company has a current ratio of 1.56, a quick ratio of 0.34 and a debt-to-equity ratio of 22.50. The business has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.10.

Insider Buying and Selling

In other Gowest Gold news, Director Peter Quintiliani acquired 500,000 shares of the business’s stock in a transaction dated Tuesday, June 25th. The shares were purchased at an average cost of C$0.12 per share, for a total transaction of C$60,000.00. 83.12% of the stock is currently owned by corporate insiders.

Gowest Gold Company Profile

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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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