Short Interest in SolGold Plc (OTCMKTS:SLGGF) Rises By 24.9%

SolGold Plc (OTCMKTS:SLGGF - Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,181,500 shares, an increase of 24.9% from the October 15th total of 1,746,300 shares. Based on an average trading volume of 115,500 shares, the short-interest ratio is presently 18.9 days.

SolGold Stock Performance

Shares of OTCMKTS:SLGGF traded up $0.01 during trading on Friday, hitting $0.10. 1,652 shares of the stock traded hands, compared to its average volume of 84,213. The company has a market cap of $300.11 million, a price-to-earnings ratio of -10.00 and a beta of 1.70. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $0.13 and a two-hundred day moving average price of $0.12. SolGold has a 52-week low of $0.01 and a 52-week high of $0.17.

SolGold Company Profile

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.