Stellar AfricaGold (CVE:SPX) Trading Down 28.6% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares dropped 28.6% on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares were traded during trading, an increase of 559% from the average daily volume of 15,983 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Down 28.6 %

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 stock’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08. The stock has a market cap of C$1.20 million, a P/E ratio of -1.00, a PEG ratio of 2.57 and a beta of 0.74.

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.

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