SolGold Plc (LON:SOLG) Insider Sells £25,000 in Stock

SolGold Plc (LON:SOLG) insider Nicholas Mather sold 250,000 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of GBX 10 ($0.13), for a total value of £25,000 ($31,920.33).

SolGold Stock Performance

Shares of LON SOLG remained flat at GBX 10.24 ($0.13) during midday trading on Wednesday. The company’s stock had a trading volume of 2,790,730 shares, compared to its average volume of 5,946,222. SolGold Plc has a 12 month low of GBX 5.67 ($0.07) and a 12 month high of GBX 15.35 ($0.20). The company has a current ratio of 1.49, a quick ratio of 2.30 and a debt-to-equity ratio of 70.42. The business’s 50 day moving average price is GBX 9.74 and its 200-day moving average price is GBX 8.96. The firm has a market capitalization of £307.20 million, a price-to-earnings ratio of -1,018.00 and a beta of 1.20.

SolGold Company Profile

SolGold Plc, a mineral exploration and development company, explores for and develops mineral properties in Ecuador, Australia, Chile, and Solomon Islands. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, Northern Ecuador.