SolGold (LON:SOLG) Sets New 52-Week Low – Here’s What Happened

SolGold Plc (LON:SOLGGet Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 6 ($0.08) and last traded at GBX 6.21 ($0.08), with a volume of 10086888 shares traded. The stock had previously closed at GBX 6.59 ($0.08).

SolGold Trading Down 5.8 %

The firm’s 50-day simple moving average is GBX 6.97 and its 200-day simple moving average is GBX 7.75. 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 capitalization of £232.90 million, a P/E ratio of -3.80 and a beta of 1.20.

About SolGold

(Get Free Report)

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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