SolGold (OTCMKTS:SLGGF) Stock Price Up 9% – Still a Buy?

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

SolGold Stock Up 9.0 %

The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.74. The firm’s 50 day moving average price is $0.13 and its two-hundred day moving average price is $0.13. The company has a market capitalization of $345.13 million, a price-to-earnings ratio of -11.50 and a beta of 1.70.

About SolGold

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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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