Stellar AfricaGold (CVE:SPX) Shares Up 25.8% – What’s Next?

Stellar AfricaGold Inc. (CVE:SPX)’s stock price shot up 25.8% during mid-day trading on Saturday . The stock traded as high as C$0.29 and last traded at C$0.20. 1,264,622 shares traded hands during mid-day 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 fifty day simple moving average of C$0.11 and a 200-day simple moving average of 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. The firm has a market cap of C$7.99 million, a P/E ratio of -2.79, a price-to-earnings-growth ratio of 2.57 and a beta of -0.64.

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.