Stellar AfricaGold (CVE:SPX) Shares Down 28.6% – What’s Next?

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

Stellar AfricaGold Trading Up 20.0 %

The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The stock’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.08. The company has a market capitalization of C$1.45 million, a PE ratio of -1.20, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74.

Stellar AfricaGold Company Profile

(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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