Stellar AfricaGold (CVE:SPX) Trading 53.8% Higher – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares rose 53.8% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 237,000 shares changed hands during trading, an increase of 288% from the average daily volume of 61,020 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Trading Up 53.8 %

The firm has a market cap of C$2.41 million, a price-to-earnings ratio of -2.00, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The company’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.08. The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45.

Stellar AfricaGold Company Profile

(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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