Insider Buying: Spanish Mountain Gold Ltd. (CVE:SPA) Director Purchases 912,000 Shares of Stock

Spanish Mountain Gold Ltd. (CVE:SPA) Director Lembit Janes bought 912,000 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was purchased at an average price of C$0.12 per share, for a total transaction of C$109,440.00.

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

• On Wednesday, November 20th, Lembit Janes acquired 268,500 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$30,877.50.
• On Tuesday, September 10th, Lembit Janes acquired 180,500 shares of Spanish Mountain Gold stock. The stock was purchased at an average price of C$0.17 per share, for a total transaction of C$29,782.50.

Spanish Mountain Gold Stock Performance

Shares of SPA stock opened at C$0.12 on Friday. The firm has a 50 day moving average of C$0.15 and a two-hundred day moving average of C$0.17. The stock has a market capitalization 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.

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.