Solgold (OTCMKTS:SLGGF) Shares Gap Down – What’s Next?

Solgold PLC (OTCMKTS:SLGGFGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $0.4210, but opened at $0.3695. Solgold shares last traded at $0.41, with a volume of 24,418 shares trading hands.

Solgold Trading Down 10.2%

The company has a debt-to-equity ratio of 1.06, a current ratio of 2.04 and a quick ratio of 2.03. The firm’s 50 day moving average is $0.27 and its 200 day moving average is $0.19. The company has a market capitalization of $1.11 billion, a PE ratio of -36.83 and a beta of 1.21.

Solgold (OTCMKTS:SLGGFGet Free Report) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.01) earnings per share for the quarter.

About Solgold

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SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.

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