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

by · The Markets Daily

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

Stellar AfricaGold Stock Up 20.0%

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’s 50-day simple moving average is C$0.15 and its 200 day simple moving average is C$0.15. The firm has a market cap of C$9.72 million, a P/E ratio of -5.00, a PEG ratio of 2.57 and a beta of 0.85.

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.

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