Stellar AfricaGold (CVE:SPX) Trading 28.6% Higher – Still a Buy?

Stellar AfricaGold Inc. (CVE:SPXGet Free Report)’s stock price shot up 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.09. 1,172,903 shares changed hands 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 Stock Up 28.6 %

The company has a debt-to-equity ratio of 201.45, a current ratio of 0.38 and a quick ratio of 2.95. The firm has a market capitalization of C$2.17 million, a P/E ratio of -1.80, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. The business has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.08.

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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