SolGold Plc (LON:SOLG – Get Free Report) shares fell 7.8% during trading on Tuesday . The company traded as low as GBX 7.01 ($0.09) and last traded at GBX 7.01 ($0.09). 8,049,174 shares traded hands during trading, an increase of 77% from the average session volume of 4,540,123 shares. The stock had previously closed at GBX 7.60 ($0.10).
SolGold Price Performance
The company has a debt-to-equity ratio of 78.66, a current ratio of 3.75 and a quick ratio of 2.30. The stock has a market capitalization of £262.90 million, a price-to-earnings ratio of -4.29 and a beta of 1.20. The company has a 50-day simple moving average of GBX 6.80 and a two-hundred day simple moving average of GBX 7.52.
About SolGold
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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