Stellar AfricaGold (CVE:SPX) Shares Up 28.6% – Time to Buy?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s stock price shot up 28.6% on Thursday . The stock traded as high as C$0.15 and last traded at C$0.09. 1,172,903 shares traded hands during trading, an increase of 517% from the average session volume of 190,146 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Price Performance

The firm’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average 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. The firm has a market cap of C$2.41 million, a PE ratio of -2.00, a P/E/G ratio of 2.57 and a beta of 0.74.

About Stellar AfricaGold

(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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