SolGold (LON:SOLG) Shares Up 1.3% – Time to Buy?

SolGold Plc (LON:SOLGGet Free Report)’s share price was up 1.3% on Friday . The company traded as high as GBX 7.82 ($0.10) and last traded at GBX 7.60 ($0.10). Approximately 6,181,779 shares were traded during trading, an increase of 54% from the average daily volume of 4,001,684 shares. The stock had previously closed at GBX 7.50 ($0.10).

SolGold Stock Performance

The firm has a market capitalization of £285.03 million, a price-to-earnings ratio of -4.65 and a beta of 1.20. The firm has a 50 day moving average price of GBX 6.95 and a 200-day moving average price of GBX 8. The company has a debt-to-equity ratio of 78.66, a current ratio of 3.75 and a quick ratio of 2.30.

About SolGold

(Get Free Report)

SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world’s copper resources.

Further Reading

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