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

Key Points

• Solgold PLC's shares gapped down before trading on Wednesday, opening at $0.19 after closing at $0.20.
• The stock has experienced a decline of 2.0% with a total trading volume of 50,100 shares.
• Solgold primarily focuses on exploring copper, gold, silver, and molybdenum deposits, with its flagship project being the Cascabel Project in Ecuador.

Solgold PLC (OTCMKTS:SLGGF - ) gapped down prior to trading on Wednesday . The stock had previously closed at $0.20, but opened at $0.19. Solgold shares last traded at $0.20, with a volume of 50,100 shares traded.

Solgold Trading Down 2.0%

The company has a current ratio of 3.26, a quick ratio of 3.26 and a debt-to-equity ratio of 0.83. The business has a fifty day moving average price of $0.20 and a two-hundred day moving average price of $0.13.

Solgold Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.