SRG Mining (CVE:SRG) Shares Up 10.2% – Here’s Why

SRG Mining Inc. (CVE:SRGGet Free Report) traded up 10.2% on Tuesday . The stock traded as high as C$0.54 and last traded at C$0.54. 37,656 shares changed 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 Price Performance

The stock has a market capitalization of C$63.39 million, a price-to-earnings ratio of -12.07 and a beta of 1.12. The company has a quick ratio of 25.67, a current ratio of 14.17 and a debt-to-equity ratio of 1.35. The stock has a fifty day moving average of C$0.54 and a 200-day moving average of C$0.54.

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. SRG Mining Inc was incorporated in 1996 and is headquartered in Montreal, Canada.

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