Solgold (OTCMKTS:SLGGF) Shares Down 11.1% – What’s Next?

Solgold PLC (OTCMKTS:SLGGFGet Free Report) shares were down 11.1% during mid-day trading on Wednesday . The stock traded as low as $0.3111 and last traded at $0.3111. Approximately 83,450 shares changed hands during trading, a decline of 34% from the average daily volume of 125,927 shares. The stock had previously closed at $0.35.

Solgold Stock Performance

The firm has a fifty day simple moving average of $0.28 and a 200 day simple moving average of $0.20. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.06. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of -33.50 and a beta of 1.21.

Solgold (OTCMKTS:SLGGFGet Free Report) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.01) EPS for the quarter.

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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