Stellar AfricaGold (CVE:SPX) Trading 28.6% Higher – Here’s What Happened

Stellar AfricaGold Inc. (CVE:SPX)’s share price rose 28.6% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.09. Approximately 1,172,903 shares were traded during mid-day trading, an increase of 517% from the average daily volume of 190,146 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Trading Up 28.6 %

The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95. The business has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.08. The firm has a market cap of C$2.17 million, a price-to-earnings ratio of -1.80, a P/E/G ratio of 2.57 and a beta of 0.74.

About Stellar AfricaGold

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.