Gowest Gold (CVE:GWA) Trading Up 3.4% – Should You Buy?

Gowest Gold Ltd. (CVE:GWAGet Free Report)’s share price traded up 3.4% during trading on Tuesday . The company traded as high as C$0.15 and last traded at C$0.15. 3,949 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 193,369 shares. The stock had previously closed at C$0.15.

Gowest Gold Trading Up 3.4 %

The stock has a fifty day moving average of C$0.15 and a 200 day moving average of C$0.15. The company has a market capitalization of C$100.65 million, a P/E ratio of -15.00 and a beta of 1.11. The company has a debt-to-equity ratio of 31.66, a quick ratio of 0.34 and a current ratio of 1.37.

Gowest Gold Company Profile

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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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