SolGold Plc (OTCMKTS:SLGGF) Short Interest Up 24.9% in October

SolGold Plc (OTCMKTS:SLGGF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 2,181,500 shares, an increase of 24.9% from the October 15th total of 1,746,300 shares. Based on an average daily trading volume, of 115,500 shares, the days-to-cover ratio is currently 18.9 days.

SolGold Stock Performance

SolGold stock opened at $0.10 on Friday. 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 firm’s 50 day moving average price is $0.12 and its 200-day moving average price is $0.12. SolGold has a 1 year low of $0.01 and a 1 year high of $0.17.

About SolGold

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.