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SolGold (LON:SOLG) Trading 1.3% Higher - Here's Why

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SolGold Plc (LON:SOLG - Get Free Report) shot up 1.3% on Friday . The stock traded as high as GBX 7.82 ($0.10) and last traded at GBX 7.60 ($0.10). 7,938,392 shares were traded during mid-day trading, an increase of 97% from the average session volume of 4,035,465 shares. The stock had previously closed at GBX 7.50 ($0.10).

SolGold Stock Performance

The company has a debt-to-equity ratio of 78.66, a current ratio of 3.75 and a quick ratio of 2.30. The firm has a market cap of £289.15 million, a price-to-earnings ratio of -4.72 and a beta of 1.20. The firm has a fifty day simple moving average of GBX 6.95 and a two-hundred day simple moving average of GBX 7.98.

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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