Stellar AfricaGold (CVE:SPX) Shares Up 25.8% – Time to Buy?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shot up 25.8% during mid-day 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 Price Performance

The company’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 market cap 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 company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38.

About Stellar AfricaGold

(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.

Recommended Stories

Receive News & Ratings for Stellar AfricaGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellar AfricaGold and related companies with MarketBeat.com's FREE daily email newsletter.