Solgold PLC (OTCMKTS:SLGGF) Short Interest Down 97.3% in January

Solgold PLC (OTCMKTS:SLGGF) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 282 shares, a drop of 97.3% from the January 15th total of 10,427 shares. Based on an average daily volume of 1,258,334 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,258,334 shares, the short-interest ratio is presently 0.0 days.

Solgold Trading Down 0.9%

Shares of OTCMKTS:SLGGF opened at $0.37 on Wednesday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.06. Solgold has a 12-month low of $0.07 and a 12-month high of $0.44. The business has a 50 day moving average of $0.37 and a two-hundred day moving average of $0.27. The company has a market capitalization of $1.12 billion, a PE ratio of -37.20 and a beta of 1.20.

Solgold (OTCMKTS:SLGGF) last issued its quarterly earnings data on Friday, November 14th. The company reported ($0.01) earnings per share for the quarter.

About Solgold

SolGold plc is a mineral exploration and development company focused on the discovery and advancement of large-scale copper-gold porphyry deposits. Headquartered in Brisbane, Australia, SolGold’s core business is the exploration, resource definition and pre-development planning of its flagship Cascabel project in northern Ecuador. The company’s activities span geological surveying, deep-drilling campaigns and detailed metallurgical studies aimed at de-risking and optimising its deposits for future production.

The centerpiece of SolGold’s portfolio is the Alpala deposit within the Cascabel concession, where systematic drill programmes have delineated a substantial copper-gold resource.