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

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

The stock has a 50-day moving average price of C$0.09 and a 200 day moving average price of C$0.08. The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The firm has a market capitalization of C$1.45 million, a price-to-earnings ratio of -1.20, 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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