Stellar AfricaGold (CVE:SPX) Trading Down 28.6% – Time to Sell?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares dropped 28.6% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares were traded during 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 Stock Down 28.6 %

The business’s fifty day moving average price is C$0.09 and its 200 day moving average price is C$0.08. The firm has a market capitalization of C$1.20 million, a price-to-earnings ratio of -1.00, a PEG ratio of 2.57 and a beta of 0.74. The company has a current ratio of 0.38, a quick ratio of 2.95 and a debt-to-equity ratio of 201.45.

About Stellar AfricaGold

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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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