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SolGold (LON:SOLG) Stock Passes Below 200-Day Moving Average - Here's Why

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SolGold Plc (LON:SOLG - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 7.92 ($0.10) and traded as low as GBX 7.51 ($0.10). SolGold shares last traded at GBX 7.72 ($0.10), with a volume of 2,104,489 shares changing hands.

SolGold Stock Performance

The company has a market capitalization of £281.65 million, a PE ratio of -4.60 and a beta of 1.20. The company has a current ratio of 3.75, a quick ratio of 2.30 and a debt-to-equity ratio of 78.66. The business's fifty day moving average is GBX 7.01 and its two-hundred day moving average is GBX 7.91.

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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