Solgold (OTCMKTS:SLGGF) Shares Up 13.3% - What's Next?

Key Points

• Solesgold PLC shares rose by 13.3% during trading on Monday, closing at $0.23 after previously closing at $0.20.
• The trading volume was 62,814 shares, representing a 49% decline from the average session volume of 123,904 shares.
• Solgold is a mineral exploration and development company focused on copper, gold, silver, and molybdenum deposits, with its flagship project located in Ecuador.

Shares of Solgold PLC (OTCMKTS:SLGGF - ) shot up 13.3% during trading on Monday . The company traded as high as $0.23 and last traded at $0.23. 62,814 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 123,904 shares. The stock had previously closed at $0.20.

Solgold Stock Up 13.8%

The stock has a 50-day simple moving average of $0.20 and a 200 day simple moving average of $0.13. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.88.

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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