SolGold (LON:SOLG) Shares Cross Above 50 Day Moving Average of $8.34

SolGold Plc (LON:SOLGGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 8.34 ($0.10) and traded as high as GBX 9.78 ($0.12). SolGold shares last traded at GBX 9.14 ($0.11), with a volume of 4,894,277 shares.

SolGold Stock Down 2.0 %

The business has a 50-day simple moving average of GBX 8.42 and a 200-day simple moving average of GBX 8.49. The company has a debt-to-equity ratio of 53.31, a quick ratio of 2.30 and a current ratio of 2.91. The company has a market cap of £261.60 million, a price-to-earnings ratio of -872.00 and a beta of 1.08.

About SolGold

(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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