Insider Buying: Spanish Mountain Gold Ltd. (CVE:SPA) Director Acquires 400,000 Shares of Stock

Spanish Mountain Gold Ltd. (CVE:SPA) Director Lembit Janes acquired 400,000 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was purchased at an average cost of C$0.10 per share, for a total transaction of C$40,000.00.

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

• On Friday, December 6th, Lembit Janes bought 209,000 shares of Spanish Mountain Gold stock. The stock was acquired at an average cost of C$0.11 per share, with a total value of C$21,945.00.
• On Monday, December 2nd, Lembit Janes purchased 68,000 shares of Spanish Mountain Gold stock. The shares were acquired at an average cost 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 price of C$0.12 per share, for a total transaction 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, with a total value of C$109,440.00.

Spanish Mountain Gold Price Performance

Spanish Mountain Gold stock opened at C$0.10 on Friday. The firm has a market cap of C$39.06 million, a PE ratio of -10.00 and a beta of 1.87. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.99 and a quick ratio of 3.03. The stock’s fifty day moving average price is C$0.12 and its two-hundred day moving average price is C$0.15. Spanish Mountain Gold Ltd. has a one year low of C$0.10 and a one year 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.