Solgold (OTCMKTS:SLGGF) Shares Down 12.3% – What’s Next?

Solgold PLC (OTCMKTS:SLGGFGet Free Report) shares fell 12.3% during trading on Monday . The company traded as low as $0.2325 and last traded at $0.2325. 3,125 shares changed hands during trading, a decline of 97% from the average session volume of 122,144 shares. The stock had previously closed at $0.2650.

Solgold Stock Up 1.9%

The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.88. The stock’s 50-day simple moving average is $0.23 and its 200 day simple moving average is $0.16. The firm has a market cap of $793.49 million, a P/E ratio of -26.44 and a beta of 1.21.

Solgold (OTCMKTS:SLGGFGet Free Report) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Solgold

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SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.

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