Gowest Gold (CVE:GWA) Stock Price Up 3.4% – Time to Buy?

Gowest Gold Ltd. (CVE:GWA) was up 3.4% during trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 3,949 shares were traded during trading, a decline of 98% from the average daily volume of 193,369 shares. The stock had previously closed at C$0.15.

Gowest Gold Stock Performance

The stock has a market cap of C$57.03 million, a price-to-earnings ratio of -27.21 and a beta of 1.11. The company has a quick ratio of 0.34, a current ratio of 1.56 and a debt-to-equity ratio of 18.11. The company has a 50 day simple moving average of C$0.15 and a 200 day simple moving average of C$0.15.

Gowest Gold Company Profile

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.