Shares of SolGold Plc (LON:SOLG – Get Free Report) rose 28.3% on Wednesday . The stock traded as high as GBX 8.28 ($0.11) and last traded at GBX 7.83 ($0.10). Approximately 13,758,755 shares were traded during mid-day trading, an increase of 291% from the average daily volume of 3,518,406 shares. The stock had previously closed at GBX 6.10 ($0.08).
SolGold Stock Performance
The company has a 50-day simple moving average of GBX 6.93 and a two-hundred day simple moving average of GBX 8.01. 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 firm has a market cap of £283.79 million, a PE ratio of -4.63 and a beta of 1.20.
About SolGold
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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