Stellar AfricaGold (CVE:SPX) Shares Down 28.6% – Should You Sell?

Stellar AfricaGold Inc. (CVE:SPX)’s stock price dropped 28.6% during mid-day trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares changed hands during trading, an increase of 559% from the average daily volume of 15,983 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Down 28.6 %

The company has a current ratio of 0.38, a quick ratio of 2.95 and a debt-to-equity ratio of 201.45. The stock has a market capitalization of C$1.20 million, a PE ratio of -1.00, a P/E/G ratio of 2.57 and a beta of 0.74. The stock’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08.

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.