SolGold (OTCMKTS:SLGGF) Trading Up 9% – Here’s Why

Shares of SolGold Plc (OTCMKTS:SLGGFGet Free Report) traded up 9% during mid-day trading on Tuesday . The stock traded as high as $0.12 and last traded at $0.12. 153,960 shares changed hands during mid-day trading, an increase of 88% from the average session volume of 82,034 shares. The stock had previously closed at $0.11.

SolGold Stock Up 9.0 %

The firm’s 50-day simple moving average is $0.13 and its 200 day simple moving average is $0.13. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.53 and a current ratio of 0.53. The stock has a market capitalization of $345.13 million, a P/E ratio of -11.50 and a beta of 1.70.

SolGold Company Profile

(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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