Stellar AfricaGold (CVE:SPX) Trading Down 14.1% – What’s Next?

Shares of Stellar AfricaGold Inc. (CVE:SPX) were down 14.1% during mid-day trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 139,203 shares changed hands during trading, a decline of 1% from the average daily volume of 141,213 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Price Performance

The stock’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.08. The stock has a market capitalization of C$2.65 million, a PE ratio of -2.20, a P/E/G ratio of 2.57 and a beta of 0.74. The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45.

Stellar AfricaGold Company Profile

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.