Superior Gold (CVE:SGI) Trading Up 2.6%

Superior Gold Inc. (CVE:SGI) was up 2.6% during mid-day trading on Wednesday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 765,290 shares changed hands during trading, an increase of 416% from the average daily volume of 148,202 shares. The stock had previously closed at C$0.19.

Superior Gold Trading Up 2.6 %

The company has a current ratio of 0.43, a quick ratio of 0.75 and a debt-to-equity ratio of 52.16. The stock has a market cap of C$24.07 million, a P/E ratio of -0.78 and a beta of 1.46. The business’s fifty day simple moving average is C$0.20 and its 200 day simple moving average is C$0.20.

About Superior Gold

Superior Gold Inc engages in the acquisition, exploration, development, and operation of gold resource properties. The company also sells silver. It owns and operates Plutonic gold mine located in Western Australia; and holds a 100% interest in the Hermes open pit project that covers an area of approximately 217 km² located to the southwest of the Plutonic gold mine.