SolGold (LON:SOLG) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

SolGold Plc (LON:SOLGGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 8.80 ($0.11) and traded as low as GBX 7.16 ($0.09). SolGold shares last traded at GBX 7.25 ($0.09), with a volume of 3,492,539 shares trading hands.

SolGold Price Performance

The stock has a 50 day moving average of GBX 7.28 and a two-hundred day moving average of GBX 8.80. The company has a debt-to-equity ratio of 78.22, a quick ratio of 2.30 and a current ratio of 0.53. The stock has a market cap of £217.62 million, a PE ratio of -725.40 and a beta of 1.20.

SolGold Company Profile

(Get Free Report)

SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world’s copper resources.

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