Highway 50 Gold (CVE:HWY) Sets New 12-Month High – What’s Next?

Highway 50 Gold Corp. (CVE:HWYGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.25 and last traded at C$0.25, with a volume of 79000 shares. The stock had previously closed at C$0.19.

Highway 50 Gold Trading Up 35.1 %

The company has a quick ratio of 0.15, a current ratio of 0.18 and a debt-to-equity ratio of 61.21. The stock has a market capitalization of C$11.54 million, a PE ratio of -2.78 and a beta of 0.08. The business’s fifty day moving average is C$0.20 and its 200-day moving average is C$0.20.

About Highway 50 Gold

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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.

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