Stellar AfricaGold (CVE:SPX) Stock Price Down 18.4% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s stock price fell 18.4% during mid-day trading on Thursday . The stock traded as low as C$0.20 and last traded at C$0.20. 292,866 shares changed hands during trading, an increase of 129% from the average session volume of 127,761 shares. The stock had previously closed at C$0.25.

Stellar AfricaGold Stock Performance

The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The business has a 50 day moving average price of C$0.16 and a 200 day moving average price of C$0.11. The stock has a market cap of C$8.20 million, a P/E ratio of -2.86, a PEG ratio of 2.57 and a beta of -0.64.

About Stellar AfricaGold

(Get Free Report)

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.

Further Reading

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