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Spanish Mountain Gold (CVE:SPA) Stock Price Down 14.8% – Time to Sell?
Defense World· 2025-12-07 07:52
Group 1 - Spanish Mountain Gold has been upgraded to a "strong-buy" rating by Atrium Research, with a consensus rating of "Strong Buy" according to MarketBeat.com [1] - The company's market capitalization is C$117.73 million, with a price-to-earnings ratio of -24.00 and a beta of 1.28 [2][3] - The stock's 50-day and 200-day moving averages are both C$0.16, indicating stability in price over these periods [2] Group 2 - Spanish Mountain Gold Ltd. is an exploration stage resource company focused on acquiring, exploring, and developing mineral properties in Canada, specifically holding a 100% interest in the Spanish Mountain gold project [3] - The Spanish Mountain gold project consists of approximately 50 contiguous mineral claims and 13 placer claims, covering an area of about 10,414 hectares in the Cariboo region of central British Columbia [3] - During mid-day trading, the stock price dropped by 14.8% to C$0.23, with trading volume increasing by 229% compared to the average daily volume [5]
Spanish Mountain Gold (CVE:SPA) Shares Down 14.8% – What’s Next?
Defense World· 2025-12-07 07:52
Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report) shares traded down 14.8% during mid-day trading on Friday . The stock traded as low as C$0.23 and last traded at C$0.23. 1,669,179 shares changed hands during mid-day trading, an increase of 229% from the average session volume of 507,406 shares. The stock had previously closed at C$0.27. Get Spanish Mountain Gold alerts: Wall Street Analyst Weigh InSeparately, Atrium Research upgraded shares of Spanish Mountain Gold to a “strong-buy” rating in a resear ...
Spanish Mountain Gold (CVE:SPA) Trading Down 14.8% – Should You Sell?
Defense World· 2025-12-07 07:52
Company Overview - Spanish Mountain Gold Ltd. is an exploration stage resource company focused on the acquisition, exploration, and development of mineral properties in Canada, specifically holding a 100% interest in the Spanish Mountain gold project, which includes approximately 50 contiguous mineral claims and 13 placer claims covering around 10,414 hectares in the Cariboo region of central British Columbia [3]. Financial Performance - The company has a market capitalization of C$117.73 million, a price-to-earnings (PE) ratio of -24.00, and a beta of 1.28, indicating higher volatility compared to the market [2][3]. - Spanish Mountain Gold has a debt-to-equity ratio of 0.26, a quick ratio of 3.03, and a current ratio of 5.99, suggesting a strong liquidity position [2][3]. Stock Performance - The stock's 50-day simple moving average is C$0.16, and its 200-day simple moving average is also C$0.16, indicating stability in its recent trading performance [2]. - During mid-day trading on a recent Friday, the stock was down 14.8%, trading as low as C$0.23, with approximately 1,669,179 shares changing hands, which is an increase of 229% from the average daily volume of 507,406 shares [5].
Spanish Mountain Gold (CVE:SPA) Shares Down 14.8% – Should You Sell?
Defense World· 2025-12-07 07:52
Core Insights - Spanish Mountain Gold has been upgraded to a "strong-buy" rating by Atrium Research, indicating positive analyst sentiment towards the stock [1] - The stock has experienced a trading increase of 4.3% recently, reflecting a positive market response [1] Company Overview - Spanish Mountain Gold Ltd. is an exploration stage resource company focused on acquiring, exploring, and developing mineral properties in Canada [3] - The company holds a 100% interest in the Spanish Mountain gold project, which includes approximately 50 contiguous mineral claims and 13 placer claims, covering around 10,414 hectares in British Columbia [3] Financial Metrics - The company has a market capitalization of C$117.73 million and a P/E ratio of -24.00, indicating it is currently not profitable [2] - The stock has a beta of 1.28, suggesting higher volatility compared to the market [2] - Financial ratios include a quick ratio of 3.03, a current ratio of 5.99, and a debt-to-equity ratio of 0.26, indicating strong liquidity and low leverage [2] - The stock's 50-day and 200-day moving averages are both C$0.16, suggesting stability in its recent trading performance [2] Recent Trading Activity - Spanish Mountain Gold shares dropped 14.8% during mid-day trading, with the stock trading as low as C$0.23 [5] - Approximately 1,669,179 shares were traded, representing a 229% increase from the average daily volume of 507,406 shares [5]
Spanish Mountain Gold (CVE:SPA) Stock Price Down 14.8% – Should You Sell?
Defense World· 2025-12-07 07:52
Core Viewpoint - Spanish Mountain Gold has received an upgrade to a "strong-buy" rating from Atrium Research, indicating positive analyst sentiment towards the stock [1]. Group 1: Stock Performance - Spanish Mountain Gold's stock increased by 4.3% recently [1]. - The stock traded down 14.8% on a recent Friday, with a trading volume of 1,669,179 shares, which is a 229% increase from the average session volume of 507,406 shares [5]. - The stock's last traded price was C$0.23, down from a previous close of C$0.27 [5]. Group 2: Financial Metrics - The company has a market capitalization of C$117.73 million [2]. - The price-to-earnings ratio stands at -24.00, indicating a negative earnings situation [2]. - The stock has a beta of 1.28, suggesting higher volatility compared to the market [2]. - The quick ratio is 3.03, and the current ratio is 5.99, indicating strong liquidity [2]. - The debt-to-equity ratio is 0.26, reflecting a relatively low level of debt [2]. Group 3: Company Profile - Spanish Mountain Gold Ltd. is an exploration stage resource company focused on acquiring, exploring, and developing mineral properties in Canada [3]. - The company holds a 100% interest in the Spanish Mountain gold project, which includes approximately 50 contiguous mineral claims and 13 placer claims, covering an area of about 10,414 hectares in the Cariboo region of central British Columbia [3].
Spanish Mountain Gold (CVE:SPA) Shares Down 14.8% – Here’s What Happened
Defense World· 2025-12-07 07:52
Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report)’s share price fell 14.8% on Friday . The stock traded as low as C$0.23 and last traded at C$0.23. 1,669,179 shares changed hands during trading, an increase of 229% from the average session volume of 507,406 shares. The stock had previously closed at C$0.27. Get Spanish Mountain Gold alerts: Wall Street Analyst Weigh InSeparately, Atrium Research upgraded Spanish Mountain Gold to a “strong-buy” rating in a report on Wednesday, September 10th. One resear ...