Free Trial

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

Solgold logo with Basic Materials background

Key Points

  • Solgold's stock price gapped up significantly, opening at $0.27 after closing at $0.21, before trading down to $0.23 with a volume of 4,001 shares.
  • The company's 50-day moving average is $0.16 and its 200-day moving average is $0.11, indicating recent positive price momentum.
  • Solgold Plc focuses on mineral exploration in regions including Ecuador and Australia, primarily targeting copper, gold, silver, and molybdenum deposits.
  • MarketBeat previews the top five stocks to own by November 1st.

Solgold PLC (OTCMKTS:SLGGF - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $0.21, but opened at $0.27. Solgold shares last traded at $0.23, with a volume of 4,001 shares changing hands.

Solgold Trading Up 2.2%

The company has a quick ratio of 3.26, a current ratio of 3.26 and a debt-to-equity ratio of 0.83. The business has a fifty day simple moving average of $0.16 and a 200 day simple 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.

Read More

Should You Invest $1,000 in Solgold Right Now?

Before you consider Solgold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Solgold wasn't on the list.

While Solgold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.