Solgold (OTCMKTS:SLGGF) Shares Gap Down - What's Next?

Key Points

• Solgold PLC shares gapped down from a previous close of $0.26 to open at $0.23, with a trading volume of 44,700 shares.
• The company has a current ratio and quick ratio of 2.03, indicating strong short-term financial health, and a debt-to-equity ratio of 0.88.
• Solgold primarily focuses on exploring and developing mineral properties in Ecuador, Australia, Chile, and the Solomon Islands, with its flagship project being the Cascabel Project.

Solgold PLC (OTCMKTS:SLGGF - )'s stock price gapped down prior to trading on Monday . The stock had previously closed at $0.26, but opened at $0.23. Solgold shares last traded at $0.23, with a volume of 44,700 shares trading hands.

Solgold Stock Performance

The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.88. The firm's 50-day moving average is $0.21 and its 200 day moving average is $0.14.

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.

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