SolGold (LON:SOLG) Rating Reiterated by Shore Capital

Separately, Liberum Capital reaffirmed a “buy” rating on shares of SolGold in a research report on Tuesday, May 7th.

SOLG stock traded down GBX 0.90 ($0.01) during midday trading on Wednesday, reaching GBX 31 ($0.41). The stock had a trading volume of 8,500,602 shares, compared to its average volume of 2,010,000. The firm has a market capitalization of $572.36 million and a price-to-earnings ratio of -38.75. SolGold has a 52-week low of GBX 20.50 ($0.27) and a 52-week high of GBX 45.05 ($0.59).

SolGold Company Profile

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.