SolGold (LON:SOLG) Hits New 12-Month Low – Time to Sell?

SolGold Plc (LON:SOLGGet Free Report) shares hit a new 52-week low on Friday . The stock traded as low as GBX 6 ($0.08) and last traded at GBX 6.21 ($0.08), with a volume of 10086888 shares changing hands. The stock had previously closed at GBX 6.59 ($0.08).

SolGold Stock Down 5.8 %

The firm has a market cap of £232.90 million, a P/E ratio of -3.80 and a beta of 1.20. The company’s 50 day simple moving average is GBX 6.97 and its 200-day simple moving average is GBX 7.75. 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

(Get Free Report)

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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