Stellar AfricaGold (CVE:SPX) Shares Up 57.1% – Time to Buy?

Stellar AfricaGold Inc. (CVE:SPX)’s stock price was up 57.1% on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.11. Approximately 965,403 shares changed hands during trading, an increase of 527% from the average daily volume of 153,936 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Trading Up 28.6 %

The business has a 50-day moving average price of C$0.08 and a 200-day moving average price of C$0.08. The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The firm has a market capitalization of C$2.17 million, a P/E ratio of -1.80, a PEG ratio of 2.57 and a beta of 0.74.

Stellar AfricaGold Company Profile

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.