SolGold Plc (LON:SOLG – Get Free Report)’s stock price shot up 13.1% during trading on Saturday . The company traded as high as GBX 11.30 ($0.15) and last traded at GBX 11.30 ($0.15). 16,444,152 shares were traded during mid-day trading, an increase of 202% from the average session volume of 5,439,694 shares. The stock had previously closed at GBX 9.99 ($0.13).
SolGold Price Performance
The company has a current ratio of 3.75, a quick ratio of 2.30 and a debt-to-equity ratio of 78.66. The company has a market cap of £423.79 million, a P/E ratio of -6.91 and a beta of 1.20. The business’s fifty day moving average is GBX 7.40 and its 200 day moving average is GBX 7.10.
Insider Activity at SolGold
In related news, insider Paul Smith purchased 9,587 shares of the stock in a transaction that occurred on Tuesday, July 29th. The shares were bought at an average price of GBX 10 ($0.13) per share, with a total value of £958.70 ($1,273.00). Over the last quarter, insiders have purchased 185,842 shares of company stock valued at $1,858,420. Insiders own 52.84% of the company’s stock.
SolGold Company Profile
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.
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