Insider Buying: Highway 50 Gold Corp. (CVE:HWY) Director Purchases C$17,040.00 in Stock

Highway 50 Gold Corp. (CVE:HWY) Director John Michael Leask acquired 142,000 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The stock was bought at an average price of C$0.12 per share, with a total value of C$17,040.00.

John Michael Leask also recently made the following trade(s):

• On Monday, February 3rd, John Michael Leask bought 43,000 shares of Highway 50 Gold stock. The stock was purchased at an average cost of C$0.12 per share, with a total value of C$5,160.00.
• On Thursday, January 23rd, John Michael Leask purchased 6,500 shares of Highway 50 Gold stock. The shares were purchased at an average cost of C$0.12 per share, for a total transaction of C$780.00.

Highway 50 Gold Price Performance

Shares of HWY stock opened at C$0.12 on Tuesday. The company has a quick ratio of 0.15, a current ratio of 0.18 and a debt-to-equity ratio of 61.21. Highway 50 Gold Corp. has a 12 month low of C$0.10 and a 12 month high of C$0.25. The firm has a market cap of C$5.54 million, a price-to-earnings ratio of -1.33 and a beta of 0.08. The stock has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.18.

About Highway 50 Gold

Highway 50 Gold Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of assets in North America. The company explores for gold deposits. Its projects portfolio includes the Gold Knob project comprises 589 unpatented claims located in Winnemucca, Nevada; the Golden Brew project that consists of 101 unpatented claims located in Lander County, Nevada; the Johnson Canyon project, which comprises 186 claims located in Lander County, Nevada; and the Monroe project covering an area of 1,282 hectares located in the Fort Steele Mining Division, southeast British Columbia.