Stellar AfricaGold (CVE:SPX) Trading 20% Higher – Here’s Why

Stellar AfricaGold Inc. (CVE:SPX)’s stock price was up 20% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 212,180 shares changed hands during trading, an increase of 1,114% from the average daily volume of 17,481 shares. The stock had previously closed at C$0.05.

Stellar AfricaGold Stock Performance

The company has a market capitalization of C$1.45 million, a price-to-earnings ratio of -1.20, a P/E/G ratio of 2.57 and a beta of 0.74. The stock’s 50 day moving average price is C$0.09 and its 200 day moving average price is C$0.08. The company has a current ratio of 0.38, a quick ratio of 2.95 and a debt-to-equity ratio of 201.45.

Stellar AfricaGold Company Profile

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.