SolGold Plc (LON:SOLG – Get Free Report) shares rose 18.8% during mid-day trading on Monday . The company traded as high as GBX 7.69 ($0.10) and last traded at GBX 7.60 ($0.10). Approximately 112,590,797 shares changed hands during mid-day trading, an increase of 1,838% from the average daily volume of 5,811,014 shares. The stock had previously closed at GBX 6.40 ($0.08).
SolGold Stock Performance
The company’s 50 day simple moving average is GBX 6.79 and its 200 day simple moving average is GBX 7.57. The stock has a market cap of £285.03 million, a price-to-earnings ratio of -4.65 and a beta of 1.20. The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75.
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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