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

Solgold logo with Basic Materials background

Key Points

  • Solgold PLC's stock price reached a new 52-week high of $0.18 during mid-day trading on Monday, up from a previous close of $0.14.
  • The company has a current ratio and quick ratio both at 3.26, indicating strong liquidity, and a debt-to-equity ratio of 0.83.
  • Solgold is primarily focused on exploring for copper, gold, silver, and molybdenum deposits, with its flagship project located in Northern Ecuador.
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Shares of Solgold PLC (OTCMKTS:SLGGF - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $0.18 and last traded at $0.18, with a volume of 74855 shares trading hands. The stock had previously closed at $0.14.

Solgold Stock Performance

The business has a 50 day moving average of $0.11 and a 200-day moving average of $0.10. The company has a quick ratio of 3.26, a current ratio of 3.26 and a debt-to-equity ratio of 0.83.

Solgold Company Profile

(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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