Stellar AfricaGold (CVE:SPX) Trading Down 15.4% – Here’s Why

Shares of Stellar AfricaGold Inc. (CVE:SPXGet Free Report) were down 15.4% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 148,657 shares traded hands during trading, a decline of 8% from the average daily volume of 162,110 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Stock Down 15.4 %

The firm’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.08. The company has a market capitalization of C$2.65 million, a price-to-earnings ratio of -2.20, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95.

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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