SolGold (LON:SOLG) Shares Cross Above 50 Day Moving Average – Time to Sell?

SolGold Plc (LON:SOLGGet Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 6.95 ($0.09) and traded as high as GBX 7.54 ($0.10). SolGold shares last traded at GBX 7.08 ($0.09), with a volume of 2,190,770 shares.

SolGold Price Performance

The stock has a market capitalization of £264.33 million, a P/E ratio of -4.31 and a beta of 1.20. The business’s 50 day simple moving average is GBX 6.96 and its two-hundred day simple moving average is GBX 7.18. 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

(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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