Stellar AfricaGold (CVE:SPX) Trading 28.6% Higher – Time to Buy?

Stellar AfricaGold Inc. (CVE:SPX) shares traded up 28.6% on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.09. 1,172,903 shares traded hands during mid-day 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 Stock Up 28.6 %

The company’s 50-day simple moving average is C$0.08 and its 200 day simple 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 firm has a market cap of C$2.17 million, a P/E ratio of -1.80, a price-to-earnings-growth 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.