Stellar AfricaGold (CVE:SPX) Trading 53.8% Higher – Still a Buy?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s stock price shot up 53.8% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 237,000 shares traded hands during mid-day trading, an increase of 408% from the average session volume of 46,620 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Down 6.7 %

The company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38. The business has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08. The firm has a market capitalization of C$1.69 million, a price-to-earnings ratio of -1.40, a P/E/G ratio of 2.57 and a beta of 0.74.

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.

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