SolGold (LON:SOLG) Stock Crosses Below 200 Day Moving Average of $33.26

SolGold plc (LON:SOLG)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $33.26 and traded as low as $22.30. SolGold shares last traded at $23.80, with a volume of 2,474,810 shares.

Several equities research analysts have commented on the company. Peel Hunt reissued a “buy” rating on shares of SolGold in a report on Friday, August 16th. Liberum Capital reissued a “buy” rating on shares of SolGold in a report on Friday, September 6th. Finally, Shore Capital reissued a “not rated” rating on shares of SolGold in a report on Friday, June 21st.

The company has a fifty day simple moving average of GBX 26.91 and a 200 day simple moving average of GBX 33.20. The firm has a market capitalization of $439.42 million and a P/E ratio of -13.22.

SolGold Company Profile (LON:SOLG)

SolGold plc, together with its subsidiaries, engages in the exploration of mineral properties in Ecuador, Australia, and Solomon Islands. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project that covers an area of approximately 50 square kilometers located in Quito, Ecuador.

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