Stellar AfricaGold (CVE:SPX) Trading Up 20% – Should You Buy?

Stellar AfricaGold Inc. (CVE:SPX – Get Free Report) was up 20% during mid-day trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 271,321 shares changed hands during mid-day 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 Price Performance

The company has a 50 day moving average of C$0.15 and a 200 day moving average of C$0.15. The company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38. The stock has a market capitalization of C$9.72 million, a price-to-earnings ratio of -5.00, a PEG ratio of 2.57 and a beta of 0.85.

About Stellar AfricaGold

(Get Free Report)

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.

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