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SolGold (LON:SOLG) Share Price Passes Below Two Hundred Day Moving Average - Here's What Happened

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report)'s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 7.07 ($0.10) and traded as low as GBX 6.99 ($0.09). SolGold shares last traded at GBX 7.10 ($0.10), with a volume of 3,680,395 shares changing hands.

SolGold Stock Performance

The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75. The company has a 50-day simple moving average of GBX 6.88 and a two-hundred day simple moving average of GBX 7.07. The firm has a market capitalization of £266.28 million, a P/E ratio of -4.34 and a beta of 1.20.

About SolGold

(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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