Shares of Highway 50 Gold Corp. (CVE:HWY – Get Free Report) were down 1.1% during mid-day trading on Tuesday . The company traded as low as C$0.44 and last traded at C$0.44. Approximately 20,000 shares were traded during trading, a decline of 27% from the average daily volume of 27,482 shares. The stock had previously closed at C$0.45.
Highway 50 Gold Price Performance
The stock’s fifty day moving average price is C$0.38 and its 200-day moving average price is C$0.31. The company has a debt-to-equity ratio of 61.21, a current ratio of 0.18 and a quick ratio of 0.15. The firm has a market cap of C$20.30 million, a price-to-earnings ratio of -4.89 and a beta of 0.08.
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.
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