Highway 50 Gold Corp. (CVE:HWY – Get Free Report) shares shot up 30% during mid-day trading on Monday . The stock traded as high as C$0.13 and last traded at C$0.13. 1,000 shares were traded during trading, a decline of 96% from the average session volume of 23,886 shares. The stock had previously closed at C$0.10.
Highway 50 Gold Stock Up 30.0 %
The firm’s 50-day moving average price is C$0.19 and its 200-day moving average price is C$0.19. 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 company has a market cap of C$6.00 million, a price-to-earnings ratio of -1.44 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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