SRG Mining (CVE:SRG) Trading Up 10.2% – What’s Next?

Shares of SRG Mining Inc. (CVE:SRGGet Free Report) shot up 10.2% on Wednesday . The stock traded as high as C$0.54 and last traded at C$0.54. 37,656 shares traded hands during trading, an increase of 44% from the average session volume of 26,070 shares. The stock had previously closed at C$0.49.

SRG Mining Stock Up 10.2 %

The business has a 50-day moving average price of C$0.54 and a 200-day moving average price of C$0.54. The stock has a market cap of C$63.39 million, a PE ratio of -13.50 and a beta of 1.12. The company has a current ratio of 8.89, a quick ratio of 25.67 and a debt-to-equity ratio of 1.37.

SRG Mining Company Profile

(Get Free Report)

SRG Mining Inc, a Canadian-based mining company, engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds interests in the Lola graphite project located in the Republic of Guinea, West Africa. The company was formerly known as SRG Graphite Inc and changed its name to SRG Mining Inc in July 2019.

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