Stellar AfricaGold (CVE:SPX) Trading 20% Higher – Still a Buy?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) was up 20% during mid-day trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 271,321 shares traded hands during mid-day 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 Stock Down 13.3%

The business has a 50 day simple moving average of C$0.15 and a 200 day simple moving average of C$0.15. The company has a market capitalization of C$8.43 million, a price-to-earnings ratio of -4.33, a PEG ratio of 2.57 and a beta of 0.85. The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95.

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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