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SolGold (LON:SOLG) Trading 18.8% Higher - What's Next?

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report) shares were up 18.8% on Monday . The company traded as high as GBX 7.69 ($0.10) and last traded at GBX 7.60 ($0.10). Approximately 112,590,797 shares were traded during trading, an increase of 1,838% from the average daily volume of 5,811,014 shares. The stock had previously closed at GBX 6.40 ($0.09).

SolGold Price Performance

The company's fifty day moving average is GBX 6.80 and its two-hundred day moving average is GBX 7.49. The company has a quick ratio of 2.30, a current ratio of 3.75 and a debt-to-equity ratio of 78.66. The firm has a market capitalization of £268.90 million, a price-to-earnings ratio of -4.39 and a beta of 1.20.

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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