SolGold (LON:SOLG) Share Price Passes Above Fifty Day Moving Average of $7.52

SolGold Plc (LON:SOLGGet Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 7.52 ($0.10) and traded as high as GBX 9.50 ($0.12). SolGold shares last traded at GBX 9.29 ($0.12), with a volume of 15,586,094 shares.

SolGold Trading Up 8.9 %

The company has a debt-to-equity ratio of 53.31, a current ratio of 2.91 and a quick ratio of 2.30. The business’s 50-day moving average price is GBX 7.52 and its 200-day moving average price is GBX 8.96. The firm has a market capitalization of £278.70 million, a PE ratio of -929.00 and a beta of 1.08.

SolGold Company Profile

(Get Free Report)

SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.

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