Stellar AfricaGold (CVE:SPX) Trading 20% Higher – Should You Buy?

by · The Cerbat Gem

Stellar AfricaGold Inc. (CVE:SPX – Get Free Report) shot up 20% on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. 271,321 shares changed hands during mid-day trading, an increase of 111% from the average session volume of 128,661 shares. The stock had previously closed at C$0.13.

Stellar AfricaGold Price Performance

The business has a 50-day simple moving average of C$0.15 and a 200 day simple moving average of C$0.15. The stock has a market cap of C$9.72 million, a P/E ratio of -5.00, a price-to-earnings-growth ratio of 2.57 and a beta of 0.85. The company has a current ratio of 0.38, a quick ratio of 2.95 and a debt-to-equity ratio of 201.45.

About Stellar AfricaGold

(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.

Read More