SRG Mining (CVE:SRG) Shares Up 10.2% – Should You Buy?

Shares of SRG Mining Inc. (CVE:SRGGet Free Report) rose 10.2% during mid-day trading on Tuesday . The stock traded as high as C$0.54 and last traded at C$0.54. Approximately 37,656 shares were traded during trading, an increase of 44% from the average daily volume of 26,070 shares. The stock had previously closed at C$0.49.

SRG Mining Price Performance

The stock has a market capitalization of C$63.39 million, a P/E ratio of -13.50 and a beta of 1.12. The company has a 50 day moving average of C$0.54 and a 200-day moving average of C$0.54. The company has a quick ratio of 25.67, a current ratio of 8.89 and a debt-to-equity ratio of 1.37.

SRG Mining Company Profile

(Get Free Report)

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.

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