Solgold (OTCMKTS:SLGGF) Sees Large Volume Increase – Still a Buy?

Solgold PLC (OTCMKTS:SLGGFGet Free Report) shares saw strong trading volume on Monday . 154,642 shares changed hands during trading, an increase of 26% from the previous session’s volume of 122,823 shares.The stock last traded at $0.2585 and had previously closed at $0.2340.

Solgold Trading Up 7.9%

The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.88. The company’s fifty day simple moving average is $0.22 and its 200-day simple moving average is $0.15.

Solgold Company Profile

(Get Free Report)

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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