SolGold (LON:SOLG) Share Price Passes Below 200-Day Moving Average of $8.48

SolGold Plc (LON:SOLGGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 8.48 ($0.11) and traded as low as GBX 8.33 ($0.11). SolGold shares last traded at GBX 8.48 ($0.11), with a volume of 767,418 shares changing hands.

SolGold Trading Up 1.6 %

The business’s fifty day moving average is GBX 9.26 and its 200-day moving average is GBX 8.48. The stock has a market capitalization of £258.42 million, a PE ratio of -848.00 and a beta of 1.19. The company has a quick ratio of 2.30, a current ratio of 1.49 and a debt-to-equity ratio of 70.42.

SolGold Company Profile

(Get Free Report)

SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.

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