SolGold Plc (OTCMKTS:SLGGF) Short Interest Update

SolGold Plc (OTCMKTS:SLGGF) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,181,500 shares, a growth of 24.9% from the October 15th total of 1,746,300 shares. Based on an average trading volume of 115,500 shares, the days-to-cover ratio is currently 18.9 days.

SolGold Price Performance

Shares of SLGGF stock opened at $0.10 on Friday. The company’s 50-day simple moving average is $0.13 and its two-hundred day simple moving average is $0.12. SolGold has a one year low of $0.01 and a one year high of $0.17. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.53 and a current ratio of 0.53.

About SolGold

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.