Stellar AfricaGold (CVE:SPX) Stock Price Up 53.8% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPX) was up 53.8% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 237,000 shares traded hands during trading, an increase of 408% from the average daily volume of 46,620 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Performance

The firm’s fifty 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$1.69 million, a PE ratio of -1.40, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The company has a current ratio of 0.38, a quick ratio of 2.95 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.