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SolGold (OTCMKTS:SLGGF) Stock Price Up 24.4% - Still a Buy?

SolGold logo with Basic Materials background

SolGold Plc (OTCMKTS:SLGGF - Get Free Report)'s share price shot up 24.4% during trading on Wednesday . The stock traded as high as $0.11 and last traded at $0.11. 8,000 shares traded hands during trading, a decline of 91% from the average session volume of 86,080 shares. The stock had previously closed at $0.09.

SolGold Stock Performance

The stock has a market cap of $296.51 million, a PE ratio of -9.88 and a beta of 0.98. The stock has a fifty day simple moving average of $0.09 and a two-hundred day simple moving average of $0.09. The company has a debt-to-equity ratio of 0.79, a quick ratio of 3.75 and a current ratio of 3.75.

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.

Further Reading

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