Stellar AfricaGold (CVE:SPX) Trading 16.7% Higher – Time to Buy?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares traded up 16.7% during mid-day trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 20,000 shares changed hands during mid-day trading, an increase of 51% from the average session volume of 13,204 shares. The stock had previously closed at C$0.09.

Stellar AfricaGold Price Performance

The company’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.08. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95. The company has a market capitalization of C$1.69 million, a PE ratio of -1.40, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74.

Stellar AfricaGold Company Profile

(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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