Stellar AfricaGold (CVE:SPX) Stock Price Up 42.9% – Still a Buy?

Stellar AfricaGold Inc. (CVE:SPX)’s stock price shot up 42.9% during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 774,600 shares traded hands during trading, an increase of 406% from the average session volume of 153,027 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Down 4.8 %

The firm has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.08. The company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38. The stock has a market cap of C$2.41 million, a P/E ratio of -2.00, a P/E/G ratio of 2.57 and a beta of 0.74.

Stellar AfricaGold Company Profile

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.