Stellar AfricaGold (CVE:SPX) Stock Price Up 28.6% – Here’s What Happened

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s stock price traded up 28.6% during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.09. 1,172,903 shares were traded during mid-day trading, an increase of 519% from the average session volume of 189,464 shares. The stock had previously closed at C$0.07.

Stellar AfricaGold Price Performance

The company’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08. The company has a quick ratio of 2.95, a current ratio of 0.38 and a debt-to-equity ratio of 201.45. The stock has a market capitalization of C$2.17 million, a price-to-earnings ratio of -1.80, a P/E/G ratio of 2.57 and a beta of 0.74.

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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