Free Trial

SolGold (LON:SOLG) Trading Down 2.5% - Here's Why

SolGold logo with Basic Materials background

SolGold Plc (LON:SOLG - Get Free Report)'s share price traded down 2.5% on Thursday . The stock traded as low as GBX 7.50 ($0.10) and last traded at GBX 7.80 ($0.10). 872,049 shares traded hands during trading, a decline of 83% from the average session volume of 5,000,749 shares. The stock had previously closed at GBX 8 ($0.10).

SolGold Stock Performance

The stock's fifty day simple moving average is GBX 8.42 and its 200-day simple moving average is GBX 9.29. 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 company has a market capitalization of £215.40 million, a PE ratio of -780.00 and a beta of 1.20.

About SolGold

(Get Free Report)

SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.

Further Reading

Should you invest $1,000 in SolGold right now?

Before you consider SolGold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SolGold wasn't on the list.

While SolGold currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?
SoundHound Stock Explodes Again – Is a Major Breakout Coming?
How Fintech Strategy at FinWise Bancorp and CEO Vision Are Driving 78% Gains

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines