SolGold Plc (LON:SOLG – Get Free Report) rose 24.1% during mid-day trading on Wednesday . The stock traded as high as GBX 8.28 ($0.11) and last traded at GBX 7.57 ($0.10). Approximately 22,300,201 shares were traded during trading, an increase of 504% from the average daily volume of 3,689,234 shares. The stock had previously closed at GBX 6.10 ($0.08).
SolGold Price Performance
The company has a 50 day simple moving average of GBX 6.93 and a 200-day simple moving average of GBX 8.01. The stock has a market cap of £282.78 million, a price-to-earnings ratio of -4.61 and a beta of 1.20. The company has a quick ratio of 2.30, a current ratio of 3.75 and a debt-to-equity ratio of 78.66.
About SolGold
SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world’s copper resources.
See Also
- Five stocks we like better than SolGold
- Using the MarketBeat Dividend Yield Calculator
- 3 Undervalued Stocks You Can Buy at a Discount Now
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- Learn Technical Analysis Skills to Master the Stock Market
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Receive News & Ratings for SolGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SolGold and related companies with MarketBeat.com's FREE daily email newsletter.
