SolGold (LON:SOLG) Trading Up 18.8% – What’s Next?

SolGold Plc (LON:SOLGGet Free Report)’s stock price was up 18.8% during mid-day trading on Monday . The company traded as high as GBX 7.69 ($0.10) and last traded at GBX 7.60 ($0.10). Approximately 112,590,797 shares traded hands during mid-day trading, an increase of 1,838% from the average daily volume of 5,811,014 shares. The stock had previously closed at GBX 6.40 ($0.08).

SolGold Stock Up 2.6 %

The firm has a fifty day simple moving average of GBX 6.80 and a 200 day simple moving average of GBX 7.52. The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75. The company has a market cap of £269.65 million, a PE ratio of -4.40 and a beta of 1.20.

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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