Shares of SRG Mining Inc. (CVE:SRG – Get Free Report) were up 10.2% during mid-day trading on Wednesday . The stock traded as high as C$0.54 and last traded at C$0.54. Approximately 37,656 shares traded hands during trading, an increase of 44% from the average daily volume of 26,070 shares. The stock had previously closed at C$0.49.
SRG Mining Price Performance
The company’s 50-day simple moving average is C$0.54 and its 200-day simple moving average is C$0.54. The company has a debt-to-equity ratio of 1.37, a current ratio of 8.89 and a quick ratio of 25.67. The stock has a market capitalization of C$63.39 million, a price-to-earnings ratio of -12.07 and a beta of 1.12.
About SRG Mining
SRG Mining Inc, a Canadian-based mining company, engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds interests in the Lola graphite project located in the Republic of Guinea, West Africa. The company was formerly known as SRG Graphite Inc and changed its name to SRG Mining Inc in July 2019.
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