Stellar AfricaGold (CVE:SPX) Trading Down 28.6% – What’s Next?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares fell 28.6% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. 105,400 shares changed hands during trading, an increase of 559% from the average session volume of 15,983 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Performance

The firm’s 50-day moving average price is C$0.09 and its 200-day moving average price is C$0.08. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95. The stock has a market cap of C$1.45 million, a P/E ratio of -1.20, a PEG ratio of 2.57 and a beta of 0.74.

Stellar AfricaGold Company Profile

(Get Free Report)

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.

Further Reading

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