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Solgold (OTCMKTS:SLGGF) Shares Gap Up - Still a Buy?

Solgold logo with Basic Materials background

Key Points

  • Solgold PLC shares rose significantly, opening at $0.20 after closing at $0.16, reflecting a gain of 25.8%.
  • The company's key financial metrics include a current ratio of 3.26, a quick ratio of 3.26, and a debt-to-equity ratio of 0.83.
  • Solgold is primarily engaged in exploring and developing mineral properties in regions including Ecuador and Australia, focusing on deposits of copper, gold, silver, and molybdenum.
  • Want stock alerts on Solgold? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Solgold PLC (OTCMKTS:SLGGF - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $0.16, but opened at $0.20. Solgold shares last traded at $0.21, with a volume of 42,000 shares changing hands.

Solgold Stock Down 5.1%

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 company has a fifty day simple moving average of $0.12 and a two-hundred day simple moving average 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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