SolGold’s (SOLG) “Speculative Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their speculative buy rating on shares of SolGold (LON:SOLG) in a research note published on Thursday, MarketBeat reports. Canaccord Genuity Group currently has a GBX 46 target price on the stock.

SolGold Stock Up 13.0%

LON:SOLG opened at GBX 29.55 on Thursday. The company has a market cap of £887.32 million, a PE ratio of -24.63 and a beta of 1.20. SolGold has a twelve month low of GBX 5.54 and a twelve month high of GBX 30.77. The company has a current ratio of 3.75, a quick ratio of 2.30 and a debt-to-equity ratio of 78.66. The company’s 50 day moving average is GBX 18.04 and its two-hundred day moving average is GBX 12.94.

About SolGold

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.