SolGold (OTCMKTS:SLGGF) Trading 9% Higher – Should You Buy?

SolGold Plc (OTCMKTS:SLGGFGet Free Report) shares rose 9% during mid-day trading on Tuesday . The company traded as high as $0.12 and last traded at $0.12. Approximately 153,960 shares were traded during mid-day trading, an increase of 88% from the average daily volume of 82,034 shares. The stock had previously closed at $0.11.

SolGold Price Performance

The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $300.11 million, a P/E ratio of -10.00 and a beta of 1.70. The company has a 50 day moving average price of $0.13 and a 200 day moving average price of $0.12.

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.

Further Reading

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