Stellar AfricaGold (CVE:SPX) Shares Down 28.6% – Here’s What Happened

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares traded down 28.6% on Friday . The company traded as low as C$0.05 and last traded at C$0.05. 105,400 shares traded hands during mid-day 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 business’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.08. The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The firm has a market cap of C$1.45 million, a price-to-earnings ratio of -1.20, a P/E/G 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.

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