Superior Gold (CVE:SGI) Trading 2.6% Higher – Here’s What Happened

Superior Gold Inc. (CVE:SGIGet Free Report) was up 2.6% on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 765,292 shares were traded during mid-day trading, an increase of 416% from the average daily volume of 148,202 shares. The stock had previously closed at C$0.19.

Superior Gold Price Performance

The firm has a market capitalization of C$24.07 million, a P/E ratio of -0.78 and a beta of 1.46. The company has a debt-to-equity ratio of 52.16, a quick ratio of 0.75 and a current ratio of 0.43. The firm has a 50-day moving average of C$0.20 and a 200-day moving average of C$0.20.

About Superior Gold

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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.

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