Stellar AfricaGold (CVE:SPX) Shares Up 53.8% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s share price rose 53.8% during mid-day trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. 237,000 shares changed hands during trading, an increase of 288% from the average session volume of 61,020 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Trading Up 53.8 %

The stock’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08. The firm has a market cap of C$2.41 million, a PE ratio of -2.00, a PEG ratio of 2.57 and a beta of 0.74. The company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38.

About Stellar AfricaGold

(Get Free Report)

Stellar AfricaGold Inc, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Canada, Republic of Mali, and the Kingdom of Morocco. The company primarily explores for gold deposits. Stellar AfricaGold Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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