SRG Mining (CVE:SRG) Stock Price Up 10.2% – What’s Next?

SRG Mining Inc. (CVE:SRGGet Free Report) shares traded up 10.2% on Tuesday . The stock traded as high as C$0.54 and last traded at C$0.54. 37,655 shares were traded during mid-day trading, an increase of 44% from the average session volume of 26,070 shares. The stock had previously closed at C$0.49.

SRG Mining Trading Up 10.2 %

The company’s fifty day simple moving average is C$0.54 and its two-hundred day simple moving average is C$0.53. The company has a quick ratio of 25.67, a current ratio of 8.89 and a debt-to-equity ratio of 1.37. The company has a market capitalization of C$63.39 million, a price-to-earnings ratio of -13.50 and a beta of 1.12.

SRG Mining Company Profile

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SRG Mining Inc, a Canadian-based mining company, engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds interests in the Lola graphite project located in the Republic of Guinea, West Africa. The company was formerly known as SRG Graphite Inc and changed its name to SRG Mining Inc in July 2019.

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