Stellar AfricaGold (CVE:SPX) Shares Up 28.6% – Still a Buy?

Shares of Stellar AfricaGold Inc. (CVE:SPX) rose 28.6% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.09. Approximately 1,172,903 shares traded hands during mid-day trading, an increase of 517% from the average daily volume of 190,146 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Trading Up 28.6 %

The firm’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.08. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95. The company has a market cap of C$2.17 million, a PE ratio of -1.80, a PEG ratio of 2.57 and a beta of 0.74.

Stellar AfricaGold Company Profile

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.