SolGold Plc (LON:SOLG - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 14.27 ($0.19) and traded as high as GBX 15.28 ($0.21). SolGold shares last traded at GBX 15.22 ($0.21), with a volume of 4,517,483 shares.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 46 price target on shares of SolGold in a report on Monday, September 1st. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 46.
View Our Latest Stock Analysis on SOLG
SolGold Trading Up 1.2%
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 company has a fifty day moving average of GBX 14.27 and a two-hundred day moving average of GBX 9.51. The stock has a market capitalization of £462.17 million, a price-to-earnings ratio of -1,400.00 and a beta of 1.20.
Insider Buying and Selling
In other SolGold news, insider Paul Smith bought 9,587 shares of SolGold stock in a transaction on Tuesday, July 29th. The stock was bought at an average price of GBX 10 per share, with a total value of £958.70. Insiders acquired a total of 185,842 shares of company stock valued at $1,858,420 over the last three months. 4.83% of the stock is currently owned by company insiders.
About SolGold
(
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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.
See Also
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