Stellar AfricaGold (CVE:SPX) Trading Up 20% – What’s Next?

Stellar AfricaGold Inc. (CVE:SPX) shares rose 20% on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 212,180 shares changed hands during trading, an increase of 1,119% from the average daily volume of 17,412 shares. The stock had previously closed at C$0.05.

Stellar AfricaGold Stock Performance

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 stock has a 50 day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.08. The company has a market capitalization of C$1.45 million, a price-to-earnings ratio of -1.20, a PEG ratio of 2.57 and a beta of 0.74.

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.