Stellar AfricaGold (CVE:SPX) Shares Down 28.6% – Should You Sell?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s share price fell 28.6% during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 105,400 shares traded hands during mid-day trading, an increase of 559% from the average session volume of 15,983 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Stock Down 28.6 %

The company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38. The company has a market capitalization of C$1.20 million, a PE ratio of -1.00, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The firm’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.08.

About Stellar AfricaGold

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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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