SolGold (OTCMKTS:SLGGF) Trading 8% Higher – Here’s What Happened

SolGold Plc (OTCMKTS:SLGGFGet Free Report) shares rose 8% on Wednesday . The company traded as high as $0.11 and last traded at $0.11. Approximately 1,000 shares traded hands during trading, a decline of 99% from the average daily volume of 112,515 shares. The stock had previously closed at $0.10.

SolGold Stock Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 3.75 and a quick ratio of 3.75. The stock has a 50-day moving average price of $0.11 and a 200-day moving average price of $0.12. The firm has a market capitalization of $255.09 million, a PE ratio of -10.00 and a beta of 1.64.

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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