Gowest Gold (CVE:GWA) Reaches New 52-Week High at $0.15

Shares of Gowest Gold Ltd. (CVE:GWA) reached a new 52-week high on Monday . The company traded as high as C$0.15 and last traded at C$0.15, with a volume of 6235 shares changing hands. The stock had previously closed at C$0.15.

Gowest Gold Stock Performance

The company’s 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.09. The stock has a market cap of C$97.29 million, a P/E ratio of -14.50 and a beta of 1.12. The company has a debt-to-equity ratio of 22.50, a quick ratio of 0.34 and a current ratio of 1.56.

Insiders Place Their Bets

In related news, Director Peter Quintiliani bought 500,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 25th. The stock was bought at an average cost of C$0.12 per share, for a total transaction of C$60,000.00. Corporate insiders own 83.12% of the company’s stock.

Gowest Gold Company Profile

Gowest Gold Ltd. engages in the exploration and evaluation of gold mineral properties 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 one patented mining claim, 11 mining leases, and 56 unpatented mining claims covering an area of approximately 109 square kilometers in Evelyn, Gowan, Little, Prosser, Tully, and Wark Townships in the Timmins gold camp.