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SolGold (LON:SOLG) Shares Pass Above Fifty Day Moving Average - Should You Sell?

SolGold logo with Basic Materials background

Shares of SolGold Plc (LON:SOLG - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 6.95 ($0.09) and traded as high as GBX 7.54 ($0.10). SolGold shares last traded at GBX 7.08 ($0.09), with a volume of 2,190,770 shares.

SolGold Price Performance

The company has a current ratio of 3.75, a quick ratio of 2.30 and a debt-to-equity ratio of 78.66. The stock has a market capitalization of £265.90 million, a P/E ratio of -4.34 and a beta of 1.20. The stock has a 50 day moving average of GBX 7.01 and a 200-day moving average of GBX 7.16.

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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