Stellar AfricaGold (CVE:SPX) Stock Price Up 28.6% – Here’s What Happened

Stellar AfricaGold Inc. (CVE:SPX)’s stock price was up 28.6% during mid-day trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.09. Approximately 1,172,903 shares were traded during mid-day trading, an increase of 517% from the average daily volume of 190,146 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Price Performance

The firm has a market capitalization of C$2.41 million, a price-to-earnings ratio of -2.00, 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. The stock’s 50 day moving average price is C$0.08 and its two-hundred day moving average price 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.