Insider Buying: Spanish Mountain Gold Ltd. (CVE:SPA) Director Acquires 268,500 Shares of Stock

Spanish Mountain Gold Ltd. (CVE:SPA) Director Lembit Janes purchased 268,500 shares of Spanish Mountain Gold stock in a transaction dated Wednesday, November 20th. The shares were purchased at an average cost of C$0.12 per share, for a total transaction of C$30,877.50.

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

• On Monday, November 18th, Lembit Janes bought 912,000 shares of Spanish Mountain Gold stock. The stock was bought at an average cost of C$0.12 per share, for a total transaction of C$109,440.00.
• On Tuesday, September 10th, Lembit Janes bought 180,500 shares of Spanish Mountain Gold stock. The stock was purchased at an average cost of C$0.17 per share, with a total value of C$29,782.50.

Spanish Mountain Gold Price Performance

Spanish Mountain Gold stock opened at C$0.12 on Friday. The company’s 50 day moving average is C$0.15 and its two-hundred day moving average is C$0.17. The firm has a market cap of C$44.91 million, a PE ratio of -11.50 and a beta of 1.87. The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26. Spanish Mountain Gold Ltd. has a 52-week low of C$0.12 and a 52-week high of C$0.29.

About Spanish Mountain Gold

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.