Stellar AfricaGold (CVE:SPX) Trading Down 18.4% – What’s Next?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s share price was down 18.4% during mid-day trading on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 292,866 shares were traded 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 Stock Performance

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

About Stellar AfricaGold

(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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