SolGold (LON:SOLG) Trading Up 1.3% – Should You Buy?

Shares of SolGold Plc (LON:SOLGGet Free Report) traded up 1.3% during mid-day trading on Friday . The stock traded as high as GBX 7.82 ($0.10) and last traded at GBX 7.60 ($0.10). 7,938,392 shares were traded during trading, an increase of 97% from the average session volume of 4,035,465 shares. The stock had previously closed at GBX 7.50 ($0.10).

SolGold Stock Up 1.3 %

The firm has a market capitalization of £285.03 million, a P/E ratio of -4.65 and a beta of 1.20. The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75. The firm’s 50-day moving average is GBX 6.93 and its 200 day moving average is GBX 8.01.

SolGold Company Profile

(Get Free Report)

SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world’s copper resources.

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