SolGold Plc (OTCMKTS:SLGGF – Get Free Report) dropped 5.1% during trading on Friday . The stock traded as low as $0.11 and last traded at $0.11. Approximately 50,000 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 79,912 shares. The stock had previously closed at $0.12.
SolGold Stock Down 5.1 %
The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $337.62 million, a P/E ratio of -11.25 and a beta of 1.76. The company’s fifty day simple moving average is $0.11 and its 200 day simple moving average is $0.11.
About SolGold
SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.
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