Shares of Highway 50 Gold Corp. (CVE:HWY – Get Free Report) fell 30% during trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14. 92,000 shares changed hands during mid-day trading, an increase of 323% from the average session volume of 21,725 shares. The stock had previously closed at C$0.20.
Highway 50 Gold Stock Performance
The firm’s 50-day moving average is C$0.23 and its 200 day moving average is C$0.20. The stock has a market cap of C$6.92 million, a PE ratio of -1.56 and a beta of 0.08. The company has a debt-to-equity ratio of 61.21, a quick ratio of 0.15 and a current ratio of 0.18.
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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