Stellar AfricaGold (CVE:SPX) Stock Price Up 25.8% – Still a Buy?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) rose 25.8% during trading on Saturday . The company traded as high as C$0.29 and last traded at C$0.20. Approximately 1,264,622 shares traded hands during mid-day trading, an increase of 1,108% from the average daily volume of 104,652 shares. The stock had previously closed at C$0.16.

Stellar AfricaGold Price Performance

The stock’s 50-day moving average is C$0.11 and its 200 day moving average is C$0.09. The stock has a market capitalization of C$7.99 million, a PE ratio of -2.79, a P/E/G 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.

Stellar AfricaGold Company Profile

(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.

Further Reading

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