Highway 50 Gold (CVE:HWY) Trading Up 1.3% – Here’s What Happened

Highway 50 Gold Corp. (CVE:HWY)’s share price rose 1.3% during mid-day trading on Monday . The stock traded as high as C$0.41 and last traded at C$0.40. Approximately 14,500 shares traded hands during trading, a decline of 52% from the average daily volume of 30,215 shares. The stock had previously closed at C$0.40.

Highway 50 Gold Stock Up 1.3%

The company has a market cap of C$18.04 million, a PE ratio of -13.50 and a beta of 0.04. The firm has a 50-day simple moving average of C$0.39 and a two-hundred day simple moving average of C$0.42. The company has a debt-to-equity ratio of 61.21, a current ratio of 0.18 and a quick ratio of 0.15.

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.