Solgold (OTCMKTS:SLGGF) Shares Gap Up – Time to Buy?

Solgold PLC (OTCMKTS:SLGGFGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $0.2340, but opened at $0.2488. Solgold shares last traded at $0.26, with a volume of 5,610 shares traded.

Solgold Price Performance

The firm has a 50 day moving average price of $0.22 and a 200-day moving average price of $0.15. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.88.

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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