Stellar AfricaGold (CVE:SPX) Shares Down 28.6% – Here’s What Happened

Shares of Stellar AfricaGold Inc. (CVE:SPXGet Free Report) traded down 28.6% during mid-day trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 105,400 shares were traded during trading, an increase of 559% from the average session volume of 15,983 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Performance

The company has a current ratio of 0.38, a quick ratio of 2.95 and a debt-to-equity ratio of 201.45. The company has a market capitalization of C$1.20 million, a price-to-earnings ratio of -1.00, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The stock has a 50-day simple moving average of C$0.09 and a 200-day simple moving average of C$0.08.

About Stellar AfricaGold

(Get Free Report)

Stellar AfricaGold Inc, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Canada, Republic of Mali, and the Kingdom of Morocco. The company primarily explores for gold deposits. Stellar AfricaGold Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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