SolGold (LON:SOLG) Trading 1.3% Higher – Time to Buy?

SolGold Plc (LON:SOLGGet Free Report) shares were up 1.3% on Friday . The company traded as high as GBX 7.82 ($0.10) and last traded at GBX 7.60 ($0.10). Approximately 6,181,779 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 4,001,684 shares. The stock had previously closed at GBX 7.50 ($0.10).

SolGold Stock Performance

The firm has a market cap of £285.03 million, a P/E ratio of -4.65 and a beta of 1.20. The company’s 50-day moving average is GBX 6.93 and its two-hundred day moving average is GBX 8.01. The company has a current ratio of 3.75, a quick ratio of 2.30 and a debt-to-equity ratio of 78.66.

About SolGold

(Get Free Report)

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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