SolGold (LON:SOLG) Trading Down 2.5% – Here’s What Happened

SolGold Plc (LON:SOLGGet Free Report) shares fell 2.5% on Thursday . The stock traded as low as GBX 7.50 ($0.10) and last traded at GBX 7.80 ($0.10). 872,049 shares were traded during mid-day trading, a decline of 83% from the average session volume of 5,000,749 shares. The stock had previously closed at GBX 8 ($0.10).

SolGold Stock Performance

The stock has a market cap of £234 million, a PE ratio of -780.00 and a beta of 1.20. The company has a debt-to-equity ratio of 78.22, a current ratio of 0.53 and a quick ratio of 2.30. The stock has a 50-day simple moving average of GBX 8.42 and a 200-day simple moving average of GBX 9.29.

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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