Stellar AfricaGold (CVE:SPX) Trading Down 28.6% – Here’s Why

Stellar AfricaGold Inc. (CVE:SPXGet Free Report) shares dropped 28.6% during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 105,400 shares were traded during trading, an increase of 559% from the average daily volume of 15,983 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Trading Up 20.0 %

The company’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.08. The stock has a market cap of C$1.45 million, a price-to-earnings ratio of -1.20, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The company has a debt-to-equity ratio of 201.45, a quick ratio of 2.95 and a current ratio of 0.38.

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.

Further Reading

Receive News & Ratings for Stellar AfricaGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellar AfricaGold and related companies with MarketBeat.com's FREE daily email newsletter.