Gowest Gold (CVE:GWA) Shares Up 4.3%
Gowest Gold Ltd (CVE:GWA) shares traded up 4.3% during trading on Tuesday . The stock traded as high as C$0.13 and last traded at C$0.12, 50,437 shares traded hands during trading. An increase of 39% from the average session volume of 36,350 shares. The stock had previously closed at C$0.12.
The company has a quick ratio of 0.04, a current ratio of 0.05 and a debt-to-equity ratio of 41.23. The firm has a market cap of $9.50 million and a price-to-earnings ratio of -1.17. The business’s fifty day moving average is C$0.18 and its two-hundred day moving average is C$0.23.
In other news, Director C. Fraser Elliott acquired 257,500 shares of Gowest Gold stock in a transaction on Thursday, January 16th. The shares were purchased at an average price of C$0.20 per share, with a total value of C$51,500.00. Following the acquisition, the director now owns 6,092,003 shares in the company, valued at C$1,218,400.60.
Gowest Gold Ltd. operates as a gold exploration and development company in Canada. It focuses on the delineation and development of its 100% owned Bradshaw gold deposit, which is part of the North Timmins gold project located near Timmins, Ontario. The company was formerly known as Gowest Amalgamated Resources Ltd.
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