Stellar AfricaGold (CVE:SPX) Shares Down 15.4% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) traded down 15.4% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. 161,657 shares changed hands during trading, a decline of 1% from the average session volume of 162,699 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Price Performance

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’s 50-day moving average is C$0.08 and its 200-day moving average is C$0.08. The firm has a market capitalization of C$2.89 million, a price-to-earnings ratio of -2.40, a PEG 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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