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Solgold (OTCMKTS:SLGGF) Reaches New 1-Year High - Should You Buy?

Solgold logo with Basic Materials background

Key Points

  • Solgold PLC shares reached a new 52-week high of $0.19 during trading, indicating a significant increase in stock performance.
  • The company, primarily focused on exploring copper, gold, silver, and molybdenum deposits, has its flagship project located in Ecuador.
  • Solgold has a healthy financial position, evidenced by a current ratio of 3.26 and a debt-to-equity ratio of 0.83.
  • Need better tools to track Solgold? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Solgold PLC (OTCMKTS:SLGGF - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $0.19 and last traded at $0.19, with a volume of 15250 shares traded. The stock had previously closed at $0.18.

Solgold Stock Performance

The stock has a fifty day moving average of $0.11 and a 200 day moving average of $0.10. The company has a current ratio of 3.26, a quick ratio of 3.26 and a debt-to-equity ratio of 0.83.

About Solgold

(Get Free Report)

SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.

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