Highway 50 Gold (CVE:HWY) Stock Price Down 1.2% – What’s Next?
by Renee Jackson · The Cerbat GemHighway 50 Gold Corp. (CVE:HWY – Get Free Report) fell 1.2% during mid-day trading on Tuesday . The company traded as low as C$0.40 and last traded at C$0.40. 39,064 shares traded hands during trading, an increase of 81% from the average session volume of 21,605 shares. The stock had previously closed at C$0.41.
Highway 50 Gold Stock Down 1.2%
The company has a debt-to-equity ratio of 61.21, a quick ratio of 0.15 and a current ratio of 0.18. The company has a market cap of C$15.37 million, a P/E ratio of -20.00 and a beta of 0.18. The stock has a 50 day moving average price of C$0.41 and a 200 day moving average price of C$0.48.
About Highway 50 Gold
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.