SolGold (LON:SOLG) Trading Down 7.8% - Here's Why
SolGold (LON:SOLG) shares fell by 7.8% to GBX 7.01 ($0.09) on Tuesday, with trading volume increasing by 77% compared to the average. The stock's market capitalization is £262.90 million, with a P/E ratio of -4.29. Analysts currently rate SolGold as a Hold, but it is not among the top recommended stocks by leading analysts. The company focuses on exploring copper-gold deposits in Ecuador.
SolGold Plc (LON:SOLG - Get Free Report) traded down 7.8% on Tuesday . The company traded as low as GBX 7.01 ($0.09) and last traded at GBX 7.01 ($0.09). 8,049,174 shares were traded during trading, an increase of 77% from the average session volume of 4,540,123 shares. The stock had previously closed at GBX 7.60 ($0.10).
SolGold Trading Down 7.8 %
The stock has a market capitalization of £262.90 million, a P/E ratio of -4.29 and a beta of 1.20. The company has a quick ratio of 2.30, a current ratio of 3.75 and a debt-to-equity ratio of 78.66. The stock's 50 day moving average price is GBX 6.80 and its 200-day moving average price is GBX 7.55.
SolGold Company Profile
(Get Free Report)SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world's copper resources.
Featured Articles
- Five stocks we like better than SolGold
- 3 Tickers Leading a Meme Stock Revival
- Beware of BigBear.ai: Insiders Are Selling—Should You?
- Retail Stocks Investing, Explained
- CrowdStrike Stock is a Buy as Cyberthreat Environment Expands
- How to Calculate Options Profits
- Congress! Who Traded What During the Tariff-Induced Meltdown
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in SolGold Right Now?
Before you consider SolGold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SolGold wasn't on the list.
While SolGold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
