Solgold (OTCMKTS:SLGGF) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Solgold PLC (OTCMKTS:SLGGFGet Free Report) saw unusually-strong trading volume on Friday . Approximately 428,077 shares changed hands during mid-day trading, an increase of 256% from the previous session’s volume of 120,140 shares.The stock last traded at $0.2510 and had previously closed at $0.26.

Solgold Stock Down 3.5%

The stock has a 50-day moving average of $0.23 and a 200 day moving average of $0.16. The company has a market capitalization of $753.28 million, a PE ratio of -25.10 and a beta of 1.21. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.88.

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

About Solgold

(Get Free Report)

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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