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

Solgold PLC (OTCMKTS:SLGGFGet Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $0.3450, but opened at $0.3563. Solgold shares last traded at $0.3620, with a volume of 289,260 shares traded.

Solgold Price Performance

The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.04 and a current ratio of 2.04. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -37.28 and a beta of 1.20. The company’s fifty day moving average is $0.30 and its two-hundred day moving average is $0.21.

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

Solgold Company Profile

(Get Free Report)

SolGold plc is a mineral exploration and development company focused on the discovery and advancement of large-scale copper-gold porphyry deposits. Headquartered in Brisbane, Australia, SolGold’s core business is the exploration, resource definition and pre-development planning of its flagship Cascabel project in northern Ecuador. The company’s activities span geological surveying, deep-drilling campaigns and detailed metallurgical studies aimed at de-risking and optimising its deposits for future production.

The centerpiece of SolGold’s portfolio is the Alpala deposit within the Cascabel concession, where systematic drill programmes have delineated a substantial copper-gold resource.

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