SRG Mining (CVE:SRG) Stock Price Up 10.2% – Here’s Why

SRG Mining Inc. (CVE:SRG – Get Free Report) shot up 10.2% during trading on Tuesday . The company traded as high as C$0.54 and last traded at C$0.54. 37,655 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 26,070 shares. The stock had previously closed at C$0.49.

SRG Mining Price Performance

The stock has a market capitalization of C$63.39 million, a PE ratio of -13.50 and a beta of 1.12. The company has a debt-to-equity ratio of 1.37, a quick ratio of 25.67 and a current ratio of 8.89. The stock’s 50-day moving average is C$0.54 and its 200 day moving average is C$0.52.

SRG Mining Company Profile

(Get Free Report)

SRG Mining Inc, a Canadian-based mining company, engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds interests in the Lola graphite project located in the Republic of Guinea, West Africa. The company was formerly known as SRG Graphite Inc and changed its name to SRG Mining Inc in July 2019.

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