Ticker reaction data · Basic Materials

Spanish Mountian Gold Ltd (SPA_CDNX)

SPA_CDNX moved a median of -2.78% 30 minutes after news, and +2.78% by the close. How SPA_CDNX actually reacts to news — the realized, point-in-time move the market made, measured across 45 labeled events over the last three years with zero look-ahead.

The quantified answer

SPA_CDNX’s median reaction, across the day.

-2.78%
Median 30-min
Typical reaction 30 minutes after any SPA_CDNX news
0%
Moved up
Share of SPA_CDNX news events that rose at 30 minutes
+2.78%
Median to close
Where SPA_CDNX typically settles by the closing bell
SPA_CDNX median reaction to newsSPA_CDNX median reaction to news across 4 horizons: 5-min +0.00%, 30-min -2.78%, 60-min -2.78%, to close +2.78%.5-min30-min60-minto close5-min: +0.00%30-min: -2.78%60-min: -2.78%to close: +2.78%+0.00%-2.78%-2.78%+2.78%-2.78%0+2.78%
Median move vs. the price at the news timestamp, each horizon on its own sample — the counts are in the table below.
SPA_CDNX median reaction to news, by horizon. Each rung is measured on the events that traded at that horizon.
HorizonMedian% positiveEvents
5-min0.00%0%1
30-min-2.78%0%1
60-min-2.78%0%1
to close+2.78%100%1

Reaction stats as of 2026-09-21. Newest measured event . Reaction = percent move vs. the price at the news timestamp.

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26M+ news records Operating since 2012 Methodology on SSRN ↗
Latest news

Recent SPA_CDNX events, each with its measured reaction.

DateHeadlineEventSource5-minTo close
Spanish Mountain Gold Expands Near Surface Mineralization Intersecting 295.50 Metres of 0.54 G/T Gold Including a Higher Grade Interval of 107.00 Meters of 0.93 G/T Gold as Part of Its Feasibility Study Drill ProgramPress releaseBusiness Wire——
Spanish Mountain Gold Announces 2026 AGM Voting ResultsPress releaseBusiness Wire——
Spanish Mountain Gold Reports on Environmental Assessment Status and Provides Update on First Nations EngagementPress releaseBusiness Wire——
Canadian Investment Regulatory Organization Trading Halt - SPAPress releaseCanada Newswire——
Spanish Mountain Gold Announces Uplift in Scale and Value at Its B.C. Gold Project and Receives Confirmation From Provincial Regulators to Resume the Previously Paused Environmental Assessment and Permitting Process Advancing Towards DevelopmentPress releaseBusiness Wire——
Spanish Mountain Gold Engages Investor Relation Service FirmPress releaseBusiness Wire——
Spanish Mountain Gold Expands Mineralization Intersecting 252.3 Meters of 0.82 g/t Gold Including 93.5 Meters of 1.32 g/t Gold as Part of Its Feasibility Study Drill ProgramPress releaseBusiness Wire——
Spanish Mountain Gold Expands Orca Fault Mineralization Intersecting 80.15 Metres of 0.83 g/t Gold Including 27.2 Metres of 1.92 g/t Gold as Part of Its Feasibility Study Drill ProgramPress releaseBusiness Wire——
Spanish Mountain Gold Reports 69.20 Metres of 0.74 g/t Gold and 77.85 Metres of 0.70 g/t Gold as Part of Its Feasibility Study Drill ProgramPress releaseBusiness Wire——
Spanish Mountain Gold Reports 100 Metres of 1.00 Gram Per Tonne Gold as Part of Its Feasibility Study Drill ProgramPress releaseBusiness Wire——
Spanish Mountain Gold Drills Multiple 100-Metre-Plus Intercepts Including 116 Metres Grading 0.60 g/t Gold Confirming Grade Continuity Along the Orca Fault CorridorPress releaseBusiness Wire——
Spanish Mountain Gold Announces Closing of First Tranche of Royalty Financing and Receipt of US$22.5 MillionPress releaseBusiness Wire——
Spanish Mountain Gold Announces Sale of a 1.5% Royalty to Wheaton Precious Metals for US$55 MillionPress releaseBusiness Wire——
Spanish Mountain Gold Drilling Intersects 116.80 Metres of 1.20 G/T Gold Within Larger Interval of 282.50 Metres Grading 0.70 G/T GoldPress releaseBusiness Wire——
Spanish Mountain Gold Receives Positive Particle Ore Sorting Results for the Phoenix Deposit Highlighting Production UpsidePress releaseBusiness Wire——
Spanish Mountain Gold Signs Memorandum of Understanding With Metso, Canada Inc.Press releaseBusiness Wire——
Spanish Mountain Gold Drilling Intersects 205.87 Metres Grading 0.58 G/T Gold, 142.00 Metres of 0.77 G/T Gold, and 69.40 Metres of 0.99 G/T Gold in Three Separate Drill Holes Containing Numberous Higher-Grade Sub-IntervalsPress releaseBusiness Wire——
Spanish Mountain Gold Drilling Intersects 103.35 Metres Grading 0.88 g/t Gold With a Higher-Grade Subset of 56.40 Metres of 1.35 g/t GoldPress releaseBusiness Wire——
Spanish Mountain Gold Drilling Intersects 133.57 Metres Grading 1.35 g/t Gold With a Higher-Grade Subset of 25.47 Metres of 4.28 g/t GoldPress releaseBusiness Wire——
Spanish Mountain Gold Engages Laura SteinPress releaseBusiness Wire——
Spanish Mountain Gold Drilling Intersects 102.36 Metres Grading 0.92 g/t Gold With a High-Grade Subset of 17.00 Metres of 2.12 g/t GoldPress releaseBusiness Wire——
Spanish Mountain Gold Drilling Extends the Orca Fault Target Trend to a Strike Length Over 500 Metres Intersecting Numerous High-Grade Results Including 40.00 Metres Grading 0.98 g/t GoldPress releaseBusiness Wire——
Spanish Mountain Gold Drills Extensive Mineralization Over 140.67 metres Grading 0.68 g/t Including 1.07 g/t Over 17.00 metres and 0.95 g/t Over 67.31 metres and Extends the Orca Fault Target Trend 130 m to Southeast Drilling 26.46 metres Grading ...Press releaseBusiness Wire——
Spanish Mountain Gold Announces Change of Auditor for Fiscal 2025Press releaseBusiness Wire——
Spanish Mountain Gold Drills 0.82 g/t Gold Over 139.82 Metres and a Second, Deeper High-Grade Intercept in the Same Drill Hole of 33.54 Metres Grading 2.19 g/t GoldPress releaseBusiness Wire——
Spanish Mountain Gold Drills 1.16 g/t Gold Over 35.16 Metres and 0.98 g/t Gold Over 41.00 Metres Extending the Near Surface Higher-Grade Domain of the New Orca FaultPress releaseBusiness Wire——
Spanish Mountain Gold Reports 1.18 g/t Gold Over 35.80 Metres and 1.28 g/t Gold Over 20.25 Metres in the First Two Drill Holes of the 2025 Fall Drill ProgramPress releaseBusiness Wire——
Spanish Mountain Gold Initiates Ore Sorting Work on Gold MineralizationPress releaseBusiness Wire——
Spanish Mountain Gold Announces 9-10,000 Metre Drill ProgramPress releaseBusiness Wire——
Form D SPANISH MOUNTAIN GOLDSEC filing · Form DSEC EDGAR——
Spanish Mountain Gold Engages Atrium Research CorporationPress releaseBusiness Wire——
Spanish Mountain Gold Announces Closing of C$7.2 Million Brokered Private PlacementPress releaseBusiness Wire——
Spanish Mountain Announces AGM resultsPress releaseBusiness Wire——
Spanish Mountain Gold Revises and Upsizes Brokered Private Placement for up to C$6,000,000Press releaseBusiness Wire——
Spanish Mountain Gold Announces Brokered Private Placement for up to $5,000,000Press releaseBusiness Wire——
Spanish Mountain Gold Announces Completion of Shares For DebtPress releaseBusiness Wire——
Spanish Mountain Gold Announces Debt Settlement AgreementPress releaseBusiness Wire——
Spanish Mountain Gold Announces Larger Scale Preliminary Economic Assessment With a Base Case NPV5% After-Tax of C$1.0 Billion, 18.2 % IRR and 3.4 Year Payback at US$ 2,450/Oz Gold Price; at US$3,300/Oz Spot Gold Price NPV5% C$2.3 Billion, 32.0%...Press releaseBusiness Wire——
Spanish Mountain Gold Concludes Diamond Drill Program with 300 m Step-out Hole Intersecting 0.49 g/t over 100.49 meters in the K-ZonePress releaseBusiness Wire——
Spanish Mountain Gold Announces Grant of Stock OptionsPress releaseBusiness Wire——
Spanish Mountain Gold Intercepts Extensive Near Surface Gold Mineralization at the Phoenix TargetPress releaseBusiness Wire——
Canadian Investment Regulatory Organization Trade Resumption - SPAPress releaseCanada Newswire——
Canadian Investment Regulatory Organization Trading Halt - SPAPress releaseCanada Newswire——
Spanish Mountain Gold Reports Near Surface High Grade Gold Intercepts in the K - ZonePress releaseBusiness Wire——
Spanish Mountain Gold Reports Initial Drill Results, Multiple Near Surface and High-grade InterceptsPress releaseBusiness Wire——
Spanish Mountain Gold Engages German Mining Networks GmbHPress releaseBusiness Wire——
Spanish Mountain Gold Announces Symbol Change to “SPAUF” on the OTCQB Venture MarketPress releaseBusiness Wire——
Spanish Mountain Gold Commences 2025 Winter Exploration Drill ProgramPress releaseBusiness Wire——
Form D SPANISH MOUNTAIN GOLDSEC filing · Form DSEC EDGAR——
Form D SPANISH MOUNTAIN GOLDSEC filing · Form DSEC EDGAR+0.00%+2.78%

Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the SPA_CDNX section they belong to.

Keep exploring

Where else SPA_CDNX is measured.

SPA_CDNX earnings → · Analyst actions → · SEC filings →

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Method

How the numbers are made.

How is Spanish Mountian Gold Ltd's median reaction calculated?

Every labeled SPA_CDNX news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 45 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.

What counts as a positive reaction?

Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 0% of SPA_CDNX's measured events are up at 30 minutes; the rest close the window flat or negative.

How often is this page updated?

The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-09-21.

Does SPA_CDNX's past reaction predict its next one?

No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.

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26M+ news records, 2006–2026 Operating since 2012 Point-in-time, zero look-ahead Peer-reviewable methodology (SSRN) ↗