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Solgold (OTCMKTS:SLGGF) Shares Gap Down - Here's Why

Solgold logo with Basic Materials background

Key Points

  • Solgold PLC's stock price gapped down, opening at $0.16 after previously closing at $0.17, with a trading volume of 45,692 shares.
  • The company has a debt-to-equity ratio of 0.83 and a solid current and quick ratio of 3.26.
  • Solgold primarily focuses on exploring and developing mineral properties for copper, gold, silver, and molybdenum, with its flagship Cascabel Project located in Ecuador.
  • Five stocks we like better than Solgold.

Shares of Solgold PLC (OTCMKTS:SLGGF - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $0.17, but opened at $0.16. Solgold shares last traded at $0.17, with a volume of 45,692 shares traded.

Solgold Stock Up 2.9%

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

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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