SolGold plc (LON:SOLG)’s share price was up 18.6% on Tuesday . The stock traded as high as GBX 45.57 ($0.60) and last traded at GBX 41.75 ($0.55). Approximately 2,331,251 shares traded hands during trading, an increase of 16% from the average daily volume of 2,010,000 shares. The stock had previously closed at GBX 35.20 ($0.46).

Separately, Liberum Capital started coverage on SolGold in a report on Wednesday, October 3rd. They set a “buy” rating and a GBX 69 ($0.90) price target for the company.

About SolGold (LON:SOLG)

SolGold plc, together with its subsidiaries, engages in the exploration of mineral properties in Ecuador, Australia, and Solomon Islands. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project that covers an area of approximately 50 square kilometers located in Quito, Ecuador.

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