SolGold (LON:SOLG) Trading Up 28.3% – Time to Buy?

SolGold Plc (LON:SOLGGet Free Report) traded up 28.3% on Wednesday . The stock traded as high as GBX 8.28 ($0.11) and last traded at GBX 7.83 ($0.10). 13,758,755 shares changed hands during trading, an increase of 291% from the average session volume of 3,518,406 shares. The stock had previously closed at GBX 6.10 ($0.08).

SolGold Price Performance

The firm has a market cap of £291.70 million, a PE ratio of -4.76 and a beta of 1.20. The firm has a fifty day simple moving average of GBX 6.93 and a two-hundred day simple moving average of GBX 8.05. The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75.

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.

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