SolGold Plc (LON:SOLG) Insider Sells £6,906.30 in Stock

SolGold Plc (LON:SOLG) insider Nicholas Mather sold 23,021 shares of the stock in a transaction that occurred on Thursday, June 17th. The stock was sold at an average price of GBX 30 ($0.39), for a total transaction of £6,906.30 ($9,023.13).

LON:SOLG opened at GBX 28.85 ($0.38) on Wednesday. The stock has a market cap of £661.33 million and a PE ratio of -41.21. The company has a current ratio of 7.72, a quick ratio of 7.04 and a debt-to-equity ratio of 38.07. The firm has a 50-day simple moving average of GBX 30.53. SolGold Plc has a twelve month low of GBX 19 ($0.25) and a twelve month high of GBX 43.90 ($0.57).

Separately, Liberum Capital reaffirmed a “buy” rating and issued a GBX 39 ($0.51) price target on shares of SolGold in a report on Thursday, April 8th.

About SolGold

SolGold Plc, together with its subsidiaries, engages in the exploration of mineral properties in Ecuador, Australia, and Solomon Islands. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Alpala project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador, as well as holds tenements across central and southeast Queensland, Australia and Solomon Islands.

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