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Solgold (OTCMKTS:SLGGF) Sees Large Volume Increase - Here's Why

Solgold logo with Basic Materials background

Key Points

  • Solgold PLC (OTCMKTS:SLGGF) experienced a significant increase in trading volume, with 339,000 shares traded, marking a 174% rise from the prior session.
  • The stock's last price was $0.22, maintaining its closing value from the previous session with a notable rise in market activity.
  • Solgold is primarily focused on mineral exploration and development in Ecuador, specifically known for its flagship project, the Cascabel Project, which covers approximately 50 square kilometers.
  • Five stocks to consider instead of Solgold.

Solgold PLC (OTCMKTS:SLGGF - Get Free Report) shares saw an uptick in trading volume on Tuesday . 339,000 shares changed hands during trading, an increase of 174% from the previous session's volume of 123,805 shares.The stock last traded at $0.22 and had previously closed at $0.22.

Solgold Price Performance

The company's 50-day simple moving average is $0.15 and its 200-day simple moving average is $0.11. 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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