Highway 50 Gold Corp. (CVE:HWY – Get Free Report) shares shot up 8.2% on Tuesday . The stock traded as high as C$0.55 and last traded at C$0.53. Approximately 43,000 shares traded hands during trading, an increase of 38% from the average session volume of 31,261 shares. The stock had previously closed at C$0.49.
Highway 50 Gold Stock Performance
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 company has a market capitalization of C$23.60 million, a price-to-earnings ratio of -17.67 and a beta of 0.37. The stock’s fifty day simple moving average is C$0.40 and its 200-day simple moving average is C$0.42.
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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