SolGold (LON:SOLG) Sets New 12-Month Low – Time to Sell?

SolGold Plc (LON:SOLGGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 6 ($0.08) and last traded at GBX 6.21 ($0.08), with a volume of 10086888 shares. The stock had previously closed at GBX 6.59 ($0.09).

SolGold Trading Down 5.8 %

The company’s 50-day moving average is GBX 6.99 and its 200 day moving average is GBX 7.78. The firm has a market cap of £232.90 million, a PE ratio of -3.80 and a beta of 1.20. The company has a current ratio of 3.75, a quick ratio of 2.30 and a debt-to-equity ratio of 78.66.

SolGold Company Profile

(Get Free Report)

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.

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