Highway 50 Gold (CVE:HWY) Hits New 1-Year Low at $0.13

Highway 50 Gold Corp (CVE:HWY)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 43500 shares trading hands. The stock had previously closed at C$0.15.

The firm’s fifty day moving average price is C$0.16 and its 200 day moving average price is C$0.17. The stock has a market capitalization of $5.25 million and a price-to-earnings ratio of -2.22.

About Highway 50 Gold (CVE:HWY)

Highway 50 Gold Corp., an exploration stage company, engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada and the United States. The company primarily explores for Carlin-type gold deposits. Its projects portfolio includes the Porter Canyon project, which comprises 201 unpatented claims located in Lander County, Nevada; the Golden Brew project that consists of 153 claims located in the Battle Mountain Mining District, Nevada; and the Monroe project covering an area of 1,282 hectares located in the Fort Steele Mining Division, Southeast British Columbia, as well as an early stage project located in Nevada.

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