Spanish Mountain Gold (CVE:SPA) Stock Price Down 14.8% – What’s Next?

Spanish Mountain Gold Ltd. (CVE:SPAGet Free Report)’s stock price traded down 14.8% during trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. 1,432,979 shares were traded during trading, an increase of 183% from the average session volume of 506,256 shares. The stock had previously closed at C$0.27.

Analyst Ratings Changes

Separately, Atrium Research upgraded shares of Spanish Mountain Gold to a “strong-buy” rating in a report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Spanish Mountain Gold presently has a consensus rating of “Strong Buy”.

Check Out Our Latest Report on SPA

Spanish Mountain Gold Stock Down 14.8%

The company has a current ratio of 5.99, a quick ratio of 3.03 and a debt-to-equity ratio of 0.26. The stock’s 50-day moving average price is C$0.15 and its 200-day moving average price is C$0.15. The company has a market cap of C$112.82 million, a P/E ratio of -23.00 and a beta of 1.09.

Spanish Mountain Gold Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Spanish Mountain Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spanish Mountain Gold and related companies with MarketBeat.com's FREE daily email newsletter.