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SolGold (LON:SOLG) Trading Up 18.8% - Here's Why

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report) shares rose 18.8% during trading 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 Stock Down 0.3 %

The firm has a market capitalization of £268.90 million, a P/E ratio of -4.39 and a beta of 1.20. The stock has a fifty day moving average of GBX 6.80 and a 200 day moving average of GBX 7.49. The company has a debt-to-equity ratio of 78.66, a current ratio of 3.75 and a quick ratio of 2.30.

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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