SRG Mining (CVE:SRG) Trading Up 10.2% – Should You Buy?

SRG Mining Inc. (CVE:SRGGet Free Report)’s stock price traded up 10.2% on Tuesday . The company traded as high as C$0.54 and last traded at C$0.54. 37,655 shares traded hands during mid-day trading, an increase of 44% from the average session volume of 26,070 shares. The stock had previously closed at C$0.49.

SRG Mining Stock Up 10.2 %

The company has a quick ratio of 25.67, a current ratio of 8.89 and a debt-to-equity ratio of 1.37. The firm has a 50 day moving average price of C$0.54 and a two-hundred day moving average price of C$0.53. The company has a market capitalization of C$63.39 million, a price-to-earnings ratio of -13.50 and a beta of 1.12.

About SRG Mining

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SRG Mining Inc, a Canadian-based mining company, engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds interests in the Lola graphite project located in the Republic of Guinea, West Africa. The company was formerly known as SRG Graphite Inc and changed its name to SRG Mining Inc in July 2019.

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