Superior Gold (CVE:SGI) Stock Price Up 2.6% – What’s Next?

Superior Gold Inc. (CVE:SGIGet Free Report)’s stock price shot up 2.6% during trading on Thursday . The stock traded as high as C$0.20 and last traded at C$0.20. 765,292 shares were traded during trading, an increase of 416% from the average session volume of 148,202 shares. The stock had previously closed at C$0.19.

Superior Gold Price Performance

The business has a 50-day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.20. The company has a quick ratio of 0.75, a current ratio of 0.43 and a debt-to-equity ratio of 52.16. The stock has a market capitalization of C$24.07 million, a price-to-earnings ratio of -0.78 and a beta of 1.46.

Superior Gold Company Profile

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Superior Gold Inc engages in the acquisition, exploration, development, and operation of gold resource properties. The company also sells silver. It owns and operates Plutonic gold mine located in Western Australia; and holds a 100% interest in the Hermes open pit project that covers an area of approximately 217 km² located to the southwest of the Plutonic gold mine.

Further Reading

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