Stellar AfricaGold (CVE:SPX) Shares Up 25.8% – Should You Buy?

Stellar AfricaGold Inc. (CVE:SPX) shot up 25.8% during trading on Saturday . The company traded as high as C$0.29 and last traded at C$0.20. 1,264,622 shares changed hands during trading, an increase of 1,108% from the average session volume of 104,652 shares. The stock had previously closed at C$0.16.

Stellar AfricaGold Trading Up 25.8%

The firm has a market capitalization of C$7.99 million, a price-to-earnings ratio of -2.79, a PEG ratio of 2.57 and a beta of -0.64. The business’s 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.09. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95.

Stellar AfricaGold Company Profile

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.