Highway 50 Gold Corp. (CVE:HWY – Get Free Report) shares fell 9.1% during mid-day trading on Friday . The stock traded as low as C$0.20 and last traded at C$0.20. 35,000 shares changed hands during trading, an increase of 133% from the average session volume of 14,996 shares. The stock had previously closed at C$0.22.
Highway 50 Gold Stock Down 9.1 %
The company’s 50-day moving average is C$0.17 and its 200 day moving average is C$0.17. The stock has a market capitalization of C$9.23 million, a PE ratio of -2.22 and a beta of -0.01. The company has a current ratio of 0.18, a quick ratio of 0.15 and a debt-to-equity ratio of 61.21.
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.
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