Spanish Mountain Gold (CVE:SPA) Stock Price Passes Below 50-Day Moving Average of $0.21

Spanish Mountain Gold Ltd. (CVE:SPAGet Free Report)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.21 and traded as low as C$0.20. Spanish Mountain Gold shares last traded at C$0.20, with a volume of 80,834 shares changing hands.

Spanish Mountain Gold Stock Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.03 and a current ratio of 7.72. The company has a market cap of C$74.59 million, a P/E ratio of -20.00 and a beta of 2.05. The stock’s fifty day moving average price is C$0.21 and its two-hundred day moving average price is C$0.19.

About Spanish Mountain Gold

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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.

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