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SolGold (OTCMKTS:SLGGF) Shares Up 7.9% - Should You Buy?

SolGold logo with Basic Materials background

SolGold Plc (OTCMKTS:SLGGF - Get Free Report) shares rose 7.9% during trading on Thursday . The company traded as high as $0.10 and last traded at $0.10. Approximately 103,750 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 82,759 shares. The stock had previously closed at $0.09.

SolGold Stock Down 1.3%

The company has a market capitalization of $300.11 million, a P/E ratio of -10.00 and a beta of 0.98. The company has a 50-day moving average of $0.09 and a two-hundred day moving average of $0.09. The company has a quick ratio of 3.75, a current ratio of 3.75 and a debt-to-equity ratio of 0.79.

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.

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