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

Stellar AfricaGold Inc. (CVE:SPX) shares were down 14.1% during trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 136,703 shares traded hands during 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 Price Performance

The stock has a market capitalization of C$2.65 million, a price-to-earnings ratio of -2.20, 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. The company has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.08.

About Stellar AfricaGold

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.