SolGold (LON:SOLG) Given Buy Rating at Liberum Capital
SolGold (LON:SOLG)‘s stock had its “buy” rating reissued by stock analysts at Liberum Capital in a report issued on Thursday, Digital Look reports. They currently have a GBX 39 ($0.51) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 44.58% from the company’s current price.
Shares of SOLG traded up GBX 1.93 ($0.03) during trading hours on Thursday, reaching GBX 26.98 ($0.35). The company had a trading volume of 9,400,875 shares, compared to its average volume of 4,939,589. The firm has a 50 day simple moving average of GBX 22.27 and a 200-day simple moving average of GBX 30.50. SolGold has a 12-month low of GBX 17.80 ($0.23) and a 12-month high of GBX 43.90 ($0.57). The company has a current ratio of 11.32, a quick ratio of 10.58 and a debt-to-equity ratio of 36.34. The company has a market capitalization of £562.19 million and a price-to-earnings ratio of -29.97.
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