Superior Gold (CVE:SGI) Trading 2.6% Higher – Should You Buy?

Superior Gold Inc. (CVE:SGIGet Free Report) traded up 2.6% on Thursday . The company traded as high as C$0.20 and last traded at C$0.20. 765,292 shares were traded during mid-day trading, an increase of 416% from the average session volume of 148,202 shares. The stock had previously closed at C$0.19.

Superior Gold Stock Performance

The company has a market capitalization of C$24.07 million, a price-to-earnings ratio of -0.78 and a beta of 1.46. The stock has a fifty day moving average price of C$0.20 and a two-hundred day moving average price of C$0.20. The company has a quick ratio of 0.75, a current ratio of 0.43 and a debt-to-equity ratio of 52.16.

About Superior Gold

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Superior Gold Inc engages in the acquisition, exploration, development, and operation of gold resource properties. The company also sells silver. It owns and operates Plutonic gold mine located in Western Australia; and holds a 100% interest in the Hermes open pit project that covers an area of approximately 217 km² located to the southwest of the Plutonic gold mine.

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