Shares of Highway 50 Gold Corp. (CVE:HWY – Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.24 and last traded at C$0.25, with a volume of 34600 shares traded. The stock had previously closed at C$0.24.
Highway 50 Gold Stock Performance
The company has a debt-to-equity ratio of 8.72, a current ratio of 0.49 and a quick ratio of 0.15. The firm has a market capitalization of C$11.44 million, a price-to-earnings ratio of 8.33 and a beta of 0.09. The firm’s fifty day moving average is C$0.14 and its 200 day moving average is C$0.12.
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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