Solgold (OTCMKTS:SLGGF) Shares Gap Up – Here’s Why

Solgold PLC (OTCMKTS:SLGGFGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $0.16, but opened at $0.20. Solgold shares last traded at $0.21, with a volume of 42,000 shares trading hands.

Solgold Trading Up 23.2%

The business’s 50 day moving average is $0.12 and its two-hundred day moving average is $0.10. The company has a current ratio of 3.26, a quick ratio of 3.26 and a debt-to-equity ratio of 0.83.

About Solgold

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

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