SolGold Plc (LON:SOLG – Get Free Report)’s stock price shot up 1.8% during trading on Thursday . The stock traded as high as GBX 7.59 ($0.10) and last traded at GBX 7.48 ($0.10). 13,696,189 shares traded hands during mid-day trading, an increase of 241% from the average session volume of 4,018,107 shares. The stock had previously closed at GBX 7.35 ($0.10).
SolGold Price Performance
The company has a quick ratio of 2.30, a current ratio of 3.75 and a debt-to-equity ratio of 78.66. The business has a 50-day simple moving average of GBX 6.93 and a two-hundred day simple moving average of GBX 8.03. The stock has a market capitalization of £280.64 million, a price-to-earnings ratio of -4.58 and a beta of 1.20.
About SolGold
SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world’s copper resources.
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