Stellar AfricaGold (CVE:SPX) Shares Up 20% – Still a Buy?

Stellar AfricaGold Inc. (CVE:SPX)’s share price rose 20% on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 271,321 shares changed hands during trading, an increase of 111% from the average daily volume of 128,661 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Stock Performance

The firm has a market cap of C$9.72 million, a PE ratio of -5.00, a P/E/G ratio of 2.57 and a beta of 0.85. The stock has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.15. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95.

About Stellar AfricaGold

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.