Gowest Gold (CVE:GWA) Reaches New 12-Month Low at $0.11

Gowest Gold Ltd. (CVE:GWAGet Rating) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.12, with a volume of 4000 shares trading hands. The stock had previously closed at C$0.11.

The company has a debt-to-equity ratio of 16.99, a quick ratio of 0.12 and a current ratio of 0.13. The firm has a 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.15. The firm has a market capitalization of C$27.53 million and a P/E ratio of -2.67.

Gowest Gold Company Profile (CVE:GWA)

Gowest Gold Ltd. operates as a gold exploration and development company 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 1 patented mining claim, 11 mining leases, and 56 unpatented mining claims covering an area of approximately 11,185 hectares in Evelyn, Gowan, Little, Prosser, Tully, and Wark Townships in the Timmins gold camp.

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