Stellar AfricaGold (CVE:SPX) Shares Down 28.6% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares were down 28.6% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares traded hands during trading, an increase of 559% from the average daily volume of 15,983 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Trading Down 28.6 %

The firm has a market capitalization of C$1.20 million, a price-to-earnings ratio of -1.00, a PEG ratio of 2.57 and a beta of 0.74. The business’s 50-day moving average price is C$0.09 and its 200 day moving average price is C$0.08. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95.

About Stellar AfricaGold

(Get Free Report)

Stellar AfricaGold Inc, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Canada, Republic of Mali, and the Kingdom of Morocco. The company primarily explores for gold deposits. Stellar AfricaGold Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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