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SolGold (LON:SOLG) Trading Down 7.8% - Time to Sell?

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report) was down 7.8% during trading on Tuesday . The company traded as low as GBX 7.01 ($0.09) and last traded at GBX 7.01 ($0.09). Approximately 8,049,174 shares changed hands during mid-day trading, an increase of 77% from the average daily volume of 4,540,123 shares. The stock had previously closed at GBX 7.60 ($0.10).

SolGold Trading Down 0.3 %

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 firm has a market capitalization of £268.90 million, a P/E ratio of -4.39 and a beta of 1.20. The firm has a 50 day simple moving average of GBX 6.80 and a two-hundred day simple moving average of GBX 7.46.

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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