Stellar AfricaGold (CVE:SPX) Shares Down 28.6% – What’s Next?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s stock price dropped 28.6% during trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares were traded during mid-day 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 Performance

The company has a market capitalization of C$1.45 million, a price-to-earnings ratio of -1.20, a PEG ratio of 2.57 and a beta of 0.74. 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 has a 50 day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.08.

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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