Shares of SolGold Plc (LON:SOLG - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 11.24 ($0.15) and traded as high as GBX 16.88 ($0.23). SolGold shares last traded at GBX 16.66 ($0.23), with a volume of 8,574,377 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 46 price objective on shares of SolGold in a research report on Monday, September 1st. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of GBX 46.
Check Out Our Latest Analysis on SOLG
SolGold Price Performance
The stock has a market cap of £492.78 million, a PE ratio of -1,492.73 and a beta of 1.20. 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 firm's 50 day moving average price is GBX 11.97 and its two-hundred day moving average price is GBX 8.70.
Insider Transactions at SolGold
In related news, insider Paul Smith acquired 41,831 shares of SolGold stock in a transaction on Tuesday, July 29th. The shares were acquired at an average cost of GBX 10 per share, with a total value of £4,183.10. Over the last quarter, insiders have acquired 185,842 shares of company stock worth $1,858,420. 4.83% of the stock is currently owned by 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.
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