Solgold (OTCMKTS:SLGGF) Sees Unusually-High Trading Volume – Here’s Why

Solgold PLC (OTCMKTS:SLGGF) shares saw unusually-strong trading volume on Tuesday . Approximately 1,869,195 shares were traded during trading, an increase of 0% from the previous session’s volume of 1,861,180 shares.The stock last traded at $0.3715 and had previously closed at $0.3640.

Solgold Price Performance

The company has a debt-to-equity ratio of 1.06, a current ratio of 2.04 and a quick ratio of 2.04. The company’s 50-day moving average price is $0.34 and its 200-day moving average price is $0.24. The company has a market cap of $1.12 billion, a P/E ratio of -37.37 and a beta of 1.22.

Solgold (OTCMKTS:SLGGF) last announced its earnings results on Friday, November 14th. The company reported ($0.01) earnings per share for the quarter.

Solgold Company Profile

SolGold plc is a mineral exploration and development company focused on the discovery and advancement of large-scale copper-gold porphyry deposits. Headquartered in Brisbane, Australia, SolGold’s core business is the exploration, resource definition and pre-development planning of its flagship Cascabel project in northern Ecuador. The company’s activities span geological surveying, deep-drilling campaigns and detailed metallurgical studies aimed at de-risking and optimising its deposits for future production.

The centerpiece of SolGold’s portfolio is the Alpala deposit within the Cascabel concession, where systematic drill programmes have delineated a substantial copper-gold resource.