Solgold (OTCMKTS:SLGGF) Sees Unusually-High Trading Volume – Still a Buy?

by · The Cerbat Gem

Shares of Solgold PLC (OTCMKTS:SLGGF – Get Free Report) saw unusually-high trading volume on Friday . Approximately 235,438 shares were traded during mid-day trading, an increase of 95% from the previous session’s volume of 120,673 shares.The stock last traded at $0.3903 and had previously closed at $0.3074.

Solgold Price Performance

The stock has a market cap of $1.16 billion, a price-to-earnings ratio of -38.50 and a beta of 1.21. The company has a 50-day simple moving average of $0.23 and a two-hundred day simple moving average of $0.17. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.03 and a current ratio of 2.03.

Solgold (OTCMKTS:SLGGF – Get Free Report) last issued its earnings results on Friday, November 14th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Solgold

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SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.

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