Insider Buying: Spanish Mountain Gold Ltd. (CVE:SPA) Director Buys C$33,550.00 in Stock

Spanish Mountain Gold Ltd. (CVE:SPAGet Free Report) Director Lembit Janes bought 305,000 shares of the business’s stock in a transaction on Friday, April 11th. The shares were acquired at an average cost of C$0.11 per share, for a total transaction of C$33,550.00.

Lembit Janes also recently made the following trade(s):

  • On Wednesday, April 9th, Lembit Janes purchased 95,000 shares of Spanish Mountain Gold stock. The shares were acquired at an average cost of C$0.11 per share, for a total transaction of C$10,450.00.
  • On Wednesday, March 19th, Lembit Janes acquired 423,000 shares of Spanish Mountain Gold stock. The stock was bought at an average cost of C$0.14 per share, with a total value of C$59,220.00.
  • On Wednesday, January 15th, Lembit Janes bought 827,000 shares of Spanish Mountain Gold stock. The shares were bought at an average cost of C$0.09 per share, for a total transaction of C$74,430.00.

Spanish Mountain Gold Trading Up 9.1 %

Shares of CVE:SPA opened at C$0.12 on Wednesday. The company has a 50 day moving average of C$0.12 and a 200-day moving average of C$0.12. The company has a current ratio of 5.99, a quick ratio of 3.03 and a debt-to-equity ratio of 0.26. The firm has a market cap of C$46.87 million, a P/E ratio of -12.00 and a beta of 1.87. Spanish Mountain Gold Ltd. has a twelve month low of C$0.09 and a twelve month high of C$0.25.

About Spanish Mountain Gold

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Spanish Mountain Gold Ltd., an exploration stage resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. It holds a 100% interest in the Spanish Mountain gold project, which comprises approximately 50 contiguous mineral claims and 13 placer claims covering an area of approximately 10,414 hectares located in the Cariboo region of central British Columbia.

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