SolGold Plc (LON:SOLG – Get Free Report)’s share price rose 27.6% during mid-day trading on Wednesday . The stock traded as high as GBX 8.28 ($0.11) and last traded at GBX 7.79 ($0.10). Approximately 17,911,025 shares traded hands during trading, an increase of 397% from the average daily volume of 3,601,451 shares. The stock had previously closed at GBX 6.10 ($0.08).
SolGold Stock Up 24.4 %
The firm has a market cap of £284.50 million, a PE ratio of -4.64 and a beta of 1.20. The business’s 50-day simple moving average is GBX 6.93 and its 200 day simple moving average is GBX 8.05. The company has a current ratio of 3.75, a quick ratio of 2.30 and a debt-to-equity ratio of 78.66.
About SolGold
SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world’s copper resources.
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