SolGold (LON:SOLG) Stock Price Passes Below 200-Day Moving Average – Here’s Why

SolGold Plc (LON:SOLGGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 8.10 ($0.10) and traded as low as GBX 6.29 ($0.08). SolGold shares last traded at GBX 6.36 ($0.08), with a volume of 952,813 shares traded.

SolGold Stock Down 0.2 %

The company has a market capitalization of £238.52 million, a PE ratio of -3.89 and a beta of 1.20. 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 company’s 50 day moving average is GBX 6.95 and its two-hundred day moving average is GBX 8.10.

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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