Stellar AfricaGold (CVE:SPX) Trading Down 14.3% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) dropped 14.3% on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 250,500 shares changed hands during mid-day trading, an increase of 224% from the average daily volume of 77,353 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Performance

The company has a current ratio of 0.38, a quick ratio of 2.95 and a debt-to-equity ratio of 201.45. The company’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09. The company has a market cap of C$1.45 million, a P/E ratio of -1.20, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74.

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.

Read More

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.