SolGold Plc (LON:SOLG – Get Free Report) shares were up 10.7% during mid-day trading on Tuesday . The stock traded as high as GBX 9.80 ($0.13) and last traded at GBX 9.69 ($0.13). Approximately 20,980,186 shares changed hands during trading, an increase of 313% from the average daily volume of 5,084,994 shares. The stock had previously closed at GBX 8.75 ($0.12).
SolGold Trading Up 3.5%
The firm has a 50-day moving average of GBX 7.12 and a 200-day moving average of GBX 7.01. The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75. The firm has a market capitalization of £376.28 million, a P/E ratio of -6.14 and a beta of 1.20.
About SolGold
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.
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