Superior Gold (CVE:SGI) Stock Price Up 2.6% – Here’s What Happened

Superior Gold Inc. (CVE:SGI)’s share price rose 2.6% during trading on Thursday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 765,292 shares traded hands during mid-day trading, an increase of 416% from the average daily volume of 148,202 shares. The stock had previously closed at C$0.19.

Superior Gold Stock Up 2.6 %

The stock has a market cap of C$24.07 million, a P/E ratio of -0.78 and a beta of 1.46. The company has a quick ratio of 0.75, a current ratio of 0.43 and a debt-to-equity ratio of 52.16. The company has a 50-day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.20.

About Superior Gold

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.