Stellar AfricaGold (CVE:SPX) Shares Down 14.1% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares dropped 14.1% during mid-day trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 136,703 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 141,104 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Stock Performance

The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The company has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08. The stock has a market capitalization of C$2.65 million, a price-to-earnings ratio of -2.20, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74.

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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