SolGold (LON:SOLG) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

SolGold Plc (LON:SOLGGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.93 ($0.11) and traded as low as GBX 7 ($0.09). SolGold shares last traded at GBX 7.23 ($0.09), with a volume of 2,191,465 shares.

SolGold Stock Up 0.3 %

The firm’s 50-day moving average price is GBX 7.39 and its two-hundred day moving average price is GBX 8.93. The firm has a market cap of £217.50 million, a PE ratio of -725.00 and a beta of 1.20. The company has a debt-to-equity ratio of 78.22, a quick ratio of 2.30 and a current ratio of 0.53.

SolGold Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for SolGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SolGold and related companies with MarketBeat.com's FREE daily email newsletter.