Shares of SolGold Plc (LON:SOLG – Get Free Report) were down 2.5% during mid-day trading on Thursday . The stock traded as low as GBX 7.50 ($0.09) and last traded at GBX 7.80 ($0.10). Approximately 872,049 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 5,000,749 shares. The stock had previously closed at GBX 8 ($0.10).
SolGold Stock Down 7.9 %
The business has a 50-day simple moving average of GBX 8.42 and a two-hundred day simple moving average of GBX 9.29. The company has a market capitalization of £215.40 million, a price-to-earnings ratio of -718.00 and a beta of 1.20. The company has a debt-to-equity ratio of 78.22, a quick ratio of 2.30 and a current ratio of 0.53.
SolGold Company Profile
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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