Stellar AfricaGold (CVE:SPX) Trading Down 18.4% – Here’s What Happened

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares were down 18.4% on Thursday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 292,866 shares traded hands during mid-day trading, an increase of 129% from the average daily volume of 127,761 shares. The stock had previously closed at C$0.25.

Stellar AfricaGold Trading Down 18.4%

The company has a market cap of C$8.20 million, a P/E ratio of -2.86, a price-to-earnings-growth ratio of 2.57 and a beta of -0.64. The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The firm’s 50-day moving average price is C$0.16 and its 200-day moving average price is C$0.11.

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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