Highway 50 Gold (CVE:HWY) Trading Up 4.2% – What’s Next?

Highway 50 Gold Corp. (CVE:HWYGet Free Report) shares rose 4.2% on Thursday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 97,520 shares were traded during trading, an increase of 491% from the average daily volume of 16,507 shares. The stock had previously closed at C$0.24.

Highway 50 Gold Stock Performance

The company has a current ratio of 0.18, a quick ratio of 0.15 and a debt-to-equity ratio of 61.21. The business’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.19. The company has a market cap of C$8.54 million, a PE ratio of -2.06 and a beta of 0.08.

About Highway 50 Gold

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Highway 50 Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highway 50 Gold and related companies with MarketBeat.com's FREE daily email newsletter.