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

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

Stellar AfricaGold Trading 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 50 day moving average is C$0.09 and its 200-day moving average is C$0.08. The company has a market capitalization of C$1.20 million, a P/E ratio of -1.00, a P/E/G 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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