SolGold (LON:SOLG) Stock Passes Below 200-Day Moving Average – What’s Next?

Shares of SolGold Plc (LON:SOLGGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 8.93 ($0.11) and traded as low as GBX 7 ($0.09). SolGold shares last traded at GBX 7.23 ($0.09), with a volume of 2,191,465 shares.

SolGold Trading Down 2.2 %

The firm has a fifty day moving average of GBX 7.37 and a two-hundred day moving average of GBX 8.91. The company has a market cap of £212.10 million, a PE ratio of -707.00 and a beta of 1.20. The company has a current ratio of 0.53, a quick ratio of 2.30 and a debt-to-equity ratio of 78.22.

SolGold Company Profile

(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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