SRG Mining (CVE:SRG) Shares Up 10.2% – Here’s What Happened

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

SRG Mining Trading Up 10.2%

The stock has a fifty day moving average of C$0.54 and a two-hundred day moving average of C$0.54. The company has a market capitalization of C$63.39 million, a PE ratio of -12.07 and a beta of 1.12. The company has a current ratio of 14.17, a quick ratio of 25.67 and a debt-to-equity ratio of 1.35.

About SRG Mining

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. SRG Mining Inc. was incorporated in 1996 and is headquartered in Montreal, Canada.