SolGold (LON:SOLG) Stock Price Passes Below 200 Day Moving Average – Here’s Why

SolGold Plc (LON:SOLGGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 8.85 ($0.11) and traded as low as GBX 7.03 ($0.09). SolGold shares last traded at GBX 7.20 ($0.09), with a volume of 17,531,289 shares changing hands.

SolGold Stock Up 3.0 %

The company has a fifty day moving average of GBX 7.33 and a two-hundred day moving average of GBX 8.85. The company has a market cap of £216.00 million, a PE ratio of -720.00 and a beta of 1.20. The company has a debt-to-equity ratio of 78.22, a quick ratio of 2.30 and a current ratio of 0.53.

SolGold Company Profile

(Get Free Report)

SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world’s copper resources.

Further Reading

Receive News & Ratings for SolGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SolGold and related companies with MarketBeat.com's FREE daily email newsletter.