Superior Gold (CVE:SGI) Shares Up 2.6%

Superior Gold Inc. (CVE:SGI) shot up 2.6% during trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20. 765,290 shares were traded during mid-day trading, an increase of 416% from the average session volume of 148,202 shares. The stock had previously closed at C$0.19.

Superior Gold Trading Up 2.6 %

The firm has a market capitalization of C$24.07 million, a price-to-earnings ratio of -0.78 and a beta of 1.46. The company has a quick ratio of 0.75, a current ratio of 0.43 and a debt-to-equity ratio of 52.16. The firm’s 50 day moving average is C$0.20 and its 200 day moving average is C$0.20.

Superior Gold Company Profile

Superior Gold Inc engages in the acquisition, exploration, development, and operation of gold resource properties. The company also sells silver. It owns and operates Plutonic gold mine located in Western Australia; and holds a 100% interest in the Hermes open pit project that covers an area of approximately 217 km² located to the southwest of the Plutonic gold mine.