Insider Buying: Spanish Mountain Gold Ltd. (CVE:SPA) Director Buys 827,000 Shares of Stock

Spanish Mountain Gold Ltd. (CVE:SPA) Director Lembit Janes purchased 827,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was purchased at an average price of C$0.09 per share, for a total transaction of C$74,430.00.

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

• On Monday, December 23rd, Lembit Janes bought 400,000 shares of Spanish Mountain Gold stock. The shares were acquired at an average price of C$0.10 per share, for a total transaction of C$40,000.00.
• On Friday, December 6th, Lembit Janes purchased 209,000 shares of Spanish Mountain Gold stock. The shares were acquired at an average price of C$0.11 per share, with a total value of C$21,945.00.
• On Monday, December 2nd, Lembit Janes acquired 68,000 shares of Spanish Mountain Gold stock. The stock was acquired at an average price of C$0.11 per share, for a total transaction of C$7,480.00.
• On Wednesday, November 20th, Lembit Janes bought 268,500 shares of Spanish Mountain Gold stock. The shares were acquired at an average cost of C$0.12 per share, with a total value of C$30,877.50.
• On Monday, November 18th, Lembit Janes purchased 912,000 shares of Spanish Mountain Gold stock. The stock was bought at an average price of C$0.12 per share, for a total transaction of C$109,440.00.

Spanish Mountain Gold Stock Up 2.0 %

Shares of Spanish Mountain Gold stock opened at C$0.10 on Friday. Spanish Mountain Gold Ltd. has a 12 month low of C$0.09 and a 12 month high of C$0.29. The business has a fifty day simple moving average of C$0.11 and a 200 day simple moving average of C$0.14. The company has a quick ratio of 3.03, a current ratio of 5.99 and a debt-to-equity ratio of 0.26. The stock has a market cap of C$39.06 million, a PE ratio of -10.00 and a beta of 1.87.

Spanish Mountain Gold Company Profile

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.