Stellar AfricaGold (CVE:SPX) Shares Up 20% – Time to Buy?

Shares of Stellar AfricaGold Inc. (CVE:SPXGet Free Report) rose 20% during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 271,321 shares changed hands during 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 firm has a 50 day moving average of C$0.15 and a two-hundred day moving average of C$0.15. The stock has a market capitalization of C$9.72 million, a PE ratio of -5.00, a P/E/G 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.

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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