Highway 50 Gold Corp. (CVE:HWY – Get Free Report)’s share price was up 1.5% on Wednesday. The company traded as high as C$0.67 and last traded at C$0.67. Approximately 500 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 43,645 shares. The stock had previously closed at C$0.66.
Highway 50 Gold Trading Up 1.5%
The company’s fifty day moving average is C$0.53 and its 200-day moving average is C$0.46. The company has a current ratio of 0.18, a quick ratio of 0.15 and a debt-to-equity ratio of 61.21. The firm has a market capitalization of C$29.84 million, a P/E ratio of -22.33 and a beta of -0.28.
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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