Gowest Gold Ltd. (CVE:GWA – Get Free Report) was down 14.3% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 371,623 shares traded hands during trading, an increase of 386% from the average daily volume of 76,407 shares. The stock had previously closed at C$0.07.
Gowest Gold Stock Performance
The stock has a market cap of C$40.26 million, a price-to-earnings ratio of -6.00 and a beta of 1.37. The firm’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is C$0.09. The company has a debt-to-equity ratio of 21.26, a quick ratio of 0.34 and a current ratio of 2.56.
About Gowest Gold
Gowest Gold Ltd. engages in the exploration and evaluation of gold mineral properties in Canada. The company focuses on the development of its 100% owned Bradshaw gold deposit, which is part of the North Timmins gold project located near Timmins, Ontario. It holds interest in the North Timmins Gold Project that covers one patented mining claim, 11 mining leases, and 56 unpatented mining claims covering an area of approximately 109 square kilometers in Evelyn, Gowan, Little, Prosser, Tully, and Wark Townships in the Timmins gold camp.
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