Stellar AfricaGold (CVE:SPX) Trading 53.8% Higher – Should You Buy?

Stellar AfricaGold Inc. (CVE:SPX) shares were up 53.8% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 237,000 shares changed hands during trading, an increase of 288% from the average daily volume of 61,020 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Price Performance

The stock has a market cap of C$1.69 million, a price-to-earnings ratio of -1.40, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The company’s 50-day moving average is C$0.08 and its 200-day moving average is C$0.08.

About Stellar AfricaGold

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.