Stellar AfricaGold (CVE:SPX) Shares Down 14.1% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s stock price was down 14.1% on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 139,203 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 141,213 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Price Performance

The business has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.08. The company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38. The firm has a market capitalization of C$2.65 million, a P/E ratio of -2.20, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74.

Stellar AfricaGold Company Profile

(Get Free Report)

Stellar AfricaGold Inc, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Canada, Republic of Mali, and the Kingdom of Morocco. The company primarily explores for gold deposits. Stellar AfricaGold Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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