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

Solgold logo with Basic Materials background

Key Points

  • Solgold PLC shares gapped down from $0.24 to $0.23 before trading on Wednesday, with a trading volume of 7,000 shares.
  • The company has a debt-to-equity ratio of 0.83 and a current ratio of 3.26, indicating financial stability.
  • Solgold primarily explores for copper, gold, silver, and molybdenum deposits, with its flagship project located in Ecuador's Imbabura province.
  • MarketBeat previews the top five stocks to own by October 1st.

Solgold PLC (OTCMKTS:SLGGF - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $0.24, but opened at $0.23. Solgold shares last traded at $0.23, with a volume of 7,000 shares changing hands.

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 has a 50-day moving average of $0.16 and a 200-day moving average of $0.12.

About Solgold

(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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