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Solgold (OTCMKTS:SLGGF) Sets New 12-Month High - Here's What Happened

Solgold logo with Basic Materials background

Key Points

  • Solgold PLC shares reached a new 52-week high of $0.24, closing at the same price with a trading volume of 42,000 shares.
  • The company maintains a strong financial position with a quick ratio of 3.26, a current ratio of 3.26, and a debt-to-equity ratio of 0.83.
  • Solgold focuses on mineral exploration and development, primarily targeting copper, gold, silver, and molybdenum deposits in regions including Ecuador, Australia, and Chile.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Solgold PLC (OTCMKTS:SLGGF - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $0.24 and last traded at $0.24, with a volume of 42000 shares trading hands. The stock had previously closed at $0.22.

Solgold Stock Up 1.2%

The company has a quick ratio of 3.26, a current ratio of 3.26 and a debt-to-equity ratio of 0.83. The company has a 50 day simple moving average of $0.15 and a two-hundred day simple moving average of $0.11.

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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