Insider Buying: Spanish Mountain Gold Ltd. (CVE:SPA) Director Acquires 400,000 Shares of Stock

Spanish Mountain Gold Ltd. (CVE:SPA) Director Lembit Janes purchased 400,000 shares of the stock in a transaction on Monday, December 23rd. The shares were bought at an average price of C$0.10 per share, for a total transaction of C$40,000.00.

Lembit Janes also recently made the following trade(s):

• On Friday, December 6th, Lembit Janes acquired 209,000 shares of Spanish Mountain Gold stock. The shares were purchased at an average cost of C$0.11 per share, with a total value of C$21,945.00.
• On Monday, December 2nd, Lembit Janes bought 68,000 shares of Spanish Mountain Gold stock. The stock was purchased at an average price of C$0.11 per share, for a total transaction of C$7,480.00.
• On Wednesday, November 20th, Lembit Janes purchased 268,500 shares of Spanish Mountain Gold stock. The shares were purchased at an average price of C$0.12 per share, with a total value of C$30,877.50.
• On Monday, November 18th, Lembit Janes acquired 912,000 shares of Spanish Mountain Gold stock. The stock was acquired at an average price of C$0.12 per share, for a total transaction of C$109,440.00.

Spanish Mountain Gold Price Performance

Shares of CVE:SPA opened at C$0.10 on Thursday. The company has a market cap of C$39.06 million, a price-to-earnings ratio of -10.00 and a beta of 1.87. The business has a 50 day moving average price of C$0.12 and a 200 day moving average price of C$0.15. The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26. Spanish Mountain Gold Ltd. has a twelve month low of C$0.10 and a twelve month high of C$0.29.

Spanish Mountain Gold Company Profile

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.