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SolGold (LON:SOLG) Share Price Crosses Above 50-Day Moving Average - Should You Sell?

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 7.01 ($0.09) and traded as high as GBX 7.04 ($0.09). SolGold shares last traded at GBX 6.58 ($0.08), with a volume of 5,778,437 shares.

SolGold Trading Down 5.8 %

The stock has a 50-day moving average of GBX 6.97 and a 200 day moving average of GBX 7.75. The company has a quick ratio of 2.30, a current ratio of 3.75 and a debt-to-equity ratio of 78.66. The stock has a market cap of £232.90 million, a PE ratio of -3.80 and a beta of 1.20.

SolGold Company Profile

(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.

Further Reading

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