Gowest Gold Ltd. (CVE:GWA – Get Rating)’s stock price dropped 5.9% during mid-day trading on Monday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 11,000 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 34,885 shares. The stock had previously closed at C$0.17.
Gowest Gold Trading Down 5.9 %
The company has a current ratio of 0.14, a quick ratio of 0.34 and a debt-to-equity ratio of 14.25. The stock has a market capitalization of C$39.18 million, a P/E ratio of -16.00 and a beta of 0.97. The company has a 50-day moving average price of C$0.17 and a 200 day moving average price of C$0.11.
Gowest Gold Company Profile
Gowest Gold Ltd. operates as a gold exploration and development company in Canada. The company focuses on the development of its 100% owned Bradshaw gold deposit, which is part of the North Timmins gold project located near Timmins, Ontario. It holds interest in the North Timmins Gold Project that covers 1 patented mining claim, 11 mining leases, and 56 unpatented mining claims covering an area of approximately 11,185 hectares in Evelyn, Gowan, Little, Prosser, Tully, and Wark Townships in the Timmins gold camp.
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