SRG Mining (CVE:SRG) Trading 10.2% Higher – Should You Buy?

Shares of SRG Mining Inc. (CVE:SRG) traded up 10.2% on Tuesday . The stock traded as high as C$0.54 and last traded at C$0.54. 37,656 shares changed hands during trading, an increase of 44% from the average session volume of 26,070 shares. The stock had previously closed at C$0.49.

SRG Mining Trading Up 10.2%

The company has a debt-to-equity ratio of 1.35, a quick ratio of 25.67 and a current ratio of 14.17. The firm has a market capitalization of C$63.39 million, a price-to-earnings ratio of -12.07 and a beta of 1.12. The company has a 50 day moving average price of C$0.54 and a two-hundred day moving average price of C$0.54.

SRG Mining Company Profile

SRG Mining Inc, a Canadian-based mining company, engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds interests in the Lola graphite project located in the Republic of Guinea, West Africa. The company was formerly known as SRG Graphite Inc and changed its name to SRG Mining Inc in July 2019. SRG Mining Inc was incorporated in 1996 and is headquartered in Montreal, Canada.