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Solgold (OTCMKTS:SLGGF) Sets New 1-Year High - Time to Buy?

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.
  • Five stocks we like better than Solgold.

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 $0.24 and last traded at $0.24, with a volume of 42000 shares changing hands. The stock had previously closed at $0.22.

Solgold Stock Performance

The company has a debt-to-equity ratio of 0.83, a current ratio of 3.26 and a quick ratio of 3.26. The firm's fifty day simple moving average is $0.16 and its 200 day simple moving average is $0.12.

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.

Further Reading

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