Solgold (OTCMKTS:SLGGF) Stock Price Down 8.2% – Should You Sell?

by · The Cerbat Gem

Solgold PLC (OTCMKTS:SLGGF – Get Free Report)’s share price dropped 8.2% on Thursday . The company traded as low as $0.3763 and last traded at $0.3763. Approximately 119,500 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 121,527 shares. The stock had previously closed at $0.41.

Solgold Stock Down 10.2%

The firm’s fifty day moving average price is $0.27 and its 200-day moving average price is $0.19. The company has a debt-to-equity ratio of 1.06, a current ratio of 2.04 and a quick ratio of 2.03. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of -36.83 and a beta of 1.21.

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

Solgold Company Profile

(Get Free Report)

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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