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

SRG Mining Inc. (CVE:SRGGet Free Report) shares rose 10.2% during trading on Wednesday . The stock traded as high as C$0.54 and last traded at C$0.54. Approximately 37,656 shares traded hands during trading, an increase of 44% from the average daily volume of 26,070 shares. The stock had previously closed at C$0.49.

SRG Mining Trading Up 10.2%

The company has a debt-to-equity ratio of 1.37, a quick ratio of 25.67 and a current ratio of 8.89. The firm has a market cap of C$63.39 million, a PE ratio of -12.07 and a beta of 1.12. The stock has a 50-day simple moving average of C$0.54 and a two-hundred day simple moving average of C$0.54.

About SRG Mining

(Get Free Report)

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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