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SolGold (LON:SOLG) Shares Cross Below Two Hundred Day Moving Average - Should You Sell?

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.09 ($0.10) and traded as low as GBX 7.09 ($0.10). SolGold shares last traded at GBX 7.09 ($0.10), with a volume of 2,508,716 shares.

SolGold Trading Down 0.3%

The stock's fifty day moving average price is GBX 6.89 and its 200 day moving average price is GBX 7.08. The company has a debt-to-equity ratio of 78.66, a current ratio of 3.75 and a quick ratio of 2.30. The stock has a market capitalization of £265.15 million, a P/E ratio of -4.33 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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