Stellar AfricaGold (CVE:SPX) Trading 20% Higher – Still a Buy?

Shares of Stellar AfricaGold Inc. (CVE:SPXGet Free Report) rose 20% on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 271,321 shares traded hands during trading, an increase of 111% from the average daily volume of 128,661 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Trading Up 20.0%

The company has a current ratio of 0.38, a quick ratio of 2.95 and a debt-to-equity ratio of 201.45. The company has a 50-day simple moving average of C$0.15 and a 200 day simple moving average of C$0.15. The firm has a market cap of C$9.72 million, a PE ratio of -5.00, a price-to-earnings-growth ratio of 2.57 and a beta of 0.85.

Stellar AfricaGold Company Profile

(Get Free Report)

Stellar AfricaGold Inc, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Canada, Republic of Mali, and the Kingdom of Morocco. The company primarily explores for gold deposits. Stellar AfricaGold Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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