Stellar AfricaGold (CVE:SPX) Trading 53.8% Higher – Should You Buy?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares shot up 53.8% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 237,000 shares were traded during trading, an increase of 288% from the average session volume of 61,020 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Performance

The company’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.08. The stock has a market capitalization of C$2.41 million, a price-to-earnings ratio of -2.00, a PEG ratio of 2.57 and a beta of 0.74. The company has a current ratio of 0.38, a quick ratio of 2.95 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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