Stellar AfricaGold (CVE:SPX) Stock Price Down 28.6% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares were down 28.6% on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares traded hands during mid-day 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 Performance

The firm has a market cap of C$1.20 million, a P/E 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. The company’s 50-day moving average is C$0.09 and its two-hundred day moving average is C$0.08.

Stellar AfricaGold Company Profile

(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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