Insider Buying: Spanish Mountain Gold Ltd. (CVE:SPA) Director Purchases 287,000 Shares of Stock

Spanish Mountain Gold Ltd. (CVE:SPA) Director Lembit Janes bought 287,000 shares of the company’s stock in a transaction on Thursday, July 11th. The stock was bought at an average price of C$0.18 per share, for a total transaction of C$50,225.00.

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

• On Thursday, June 6th, Lembit Janes purchased 14,000 shares of Spanish Mountain Gold stock. The shares were bought at an average cost of C$0.19 per share, with a total value of C$2,590.00.
• On Wednesday, May 29th, Lembit Janes acquired 127,500 shares of Spanish Mountain Gold stock. The stock was purchased at an average cost of C$0.19 per share, for a total transaction of C$23,587.50.

Spanish Mountain Gold Stock Down 2.9 %

CVE SPA traded down C$0.01 on Friday, reaching C$0.17. 29,718 shares of the stock traded hands, compared to its average volume of 104,604. Spanish Mountain Gold Ltd. has a 12 month low of C$0.11 and a 12 month high of C$0.29. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.03 and a current ratio of 7.72. The company has a fifty day moving average price of C$0.19 and a 200-day moving average price of C$0.19. The company has a market cap of C$63.40 million, a price-to-earnings ratio of -17.50 and a beta of 2.05.

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.