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SolGold (LON:SOLG) Share Price Crosses Below 200 Day Moving Average - What's Next?

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 9.01 ($0.11) and traded as low as GBX 6.93 ($0.09). SolGold shares last traded at GBX 7.16 ($0.09), with a volume of 2,744,005 shares.

SolGold Stock Performance

The company has a debt-to-equity ratio of 78.22, a quick ratio of 2.30 and a current ratio of 0.53. The stock has a 50 day moving average of GBX 7.49 and a 200 day moving average of GBX 8.99. The stock has a market capitalization of £212.10 million, a P/E ratio of -707.00 and a beta of 1.20.

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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