Stellar AfricaGold (CVE:SPX) Stock Price Down 14.1% – Here’s Why

Shares of Stellar AfricaGold Inc. (CVE:SPXGet Free Report) dropped 14.1% during trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 139,203 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 141,213 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Price Performance

The company has a market cap of C$2.65 million, a PE ratio of -2.20, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The business has a 50 day moving average of C$0.08 and a 200 day moving average of 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.

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.

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