Stellar AfricaGold (CVE:SPX) Trading Down 28.6% – Time to Sell?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s stock price dropped 28.6% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares changed hands during trading, an increase of 559% from the average daily volume of 15,983 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Up 20.0 %

The stock has a market cap of C$1.45 million, a price-to-earnings ratio of -1.20, a PEG ratio of 2.57 and a beta of 0.74. The business’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.08. The company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38.

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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