SolGold (LON:SOLG) Stock Price Crosses Below Two Hundred Day Moving Average of $19.14

SolGold Plc (LON:SOLG – Get Rating) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 19.14 ($0.23) and traded as low as GBX 16.20 ($0.20). SolGold shares last traded at GBX 16.20 ($0.20), with a volume of 2,627,461 shares traded.

SolGold Stock Down 1.3 %

The company has a debt-to-equity ratio of 27.01, a quick ratio of 2.30 and a current ratio of 2.58. The firm has a market cap of £401.12 million and a price-to-earnings ratio of -12.46. The firm has a 50-day moving average price of GBX 17.23 and a two-hundred day moving average price of GBX 19.14.

About SolGold

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SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Alpala project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.