Stellar AfricaGold (CVE:SPX) Trading 20% Higher – Should You Buy?

Shares of Stellar AfricaGold Inc. (CVE:SPXGet Free Report) were up 20% during trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 271,321 shares traded hands during trading, an increase of 111% from the average daily volume of 128,661 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Price Performance

The firm’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.15. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95. The firm has a market capitalization of C$9.72 million, a P/E ratio of -5.00, a P/E/G ratio of 2.57 and a beta of 0.85.

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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