Stellar AfricaGold (CVE:SPX) Stock Price Down 28.6% – Time to Sell?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares dropped 28.6% during trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares changed hands during mid-day 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 Performance

The firm’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.08. The company has a market capitalization of C$1.45 million, a price-to-earnings ratio of -1.20, a PEG ratio of 2.57 and a beta of 0.74. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95.

Stellar AfricaGold Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Stellar AfricaGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellar AfricaGold and related companies with MarketBeat.com's FREE daily email newsletter.