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SolGold (OTCMKTS:SLGGF) Trading 24.4% Higher - Here's What Happened

SolGold logo with Basic Materials background

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

SolGold Stock Performance

The company has a market cap of $322.62 million, a price-to-earnings ratio of -10.75 and a beta of 0.98. The company has a debt-to-equity ratio of 0.79, a current ratio of 3.75 and a quick ratio of 3.75. The firm has a fifty day simple moving average of $0.09 and a 200 day simple moving average of $0.09.

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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