Insider Buying: Highway 50 Gold Corp. (CVE:HWY) Director Acquires 142,000 Shares of Stock

Highway 50 Gold Corp. (CVE:HWY) Director John Michael Leask acquired 142,000 shares of the stock in a transaction on Thursday, February 6th. The shares were bought at an average price of C$0.12 per share, with a total value of C$17,040.00.

John Michael Leask also recently made the following trade(s):

• On Monday, February 3rd, John Michael Leask acquired 43,000 shares of Highway 50 Gold stock. The shares were acquired at an average cost of C$0.12 per share, for a total transaction of C$5,160.00.
• On Thursday, January 23rd, John Michael Leask purchased 6,500 shares of Highway 50 Gold stock. The shares were acquired at an average price of C$0.12 per share, for a total transaction of C$780.00.

Highway 50 Gold Stock Performance

Shares of CVE:HWY traded down C$0.01 during midday trading on Monday, hitting C$0.12. The company had a trading volume of 194,500 shares, compared to its average volume of 109,875. The company has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.18. The company has a market cap of C$5.54 million, a price-to-earnings ratio of -1.33 and a beta of 0.08. The company has a debt-to-equity ratio of 61.21, a current ratio of 0.18 and a quick ratio of 0.15. Highway 50 Gold Corp. has a 12-month low of C$0.10 and a 12-month high of C$0.25.

Highway 50 Gold Company Profile

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.