SolGold (LON:SOLG) Trading Up 15.1% - Still a Buy?

SolGold Plc (LON:SOLG - Get Free Report) shares shot up 15.1% on Wednesday . The company traded as high as GBX 16.51 ($0.22) and last traded at GBX 16.42 ($0.22). 26,891,641 shares changed hands during mid-day trading, an increase of 318% from the average session volume of 6,441,072 shares. The stock had previously closed at GBX 14.26 ($0.19).SolGold Price PerformanceThe company has a market cap of £596.31 million, a P/E ratio of -9.73 and a beta of 1.20. The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75. The firm's fifty day moving average is GBX 9.69 and its two-hundred day moving average is GBX 7.88.Insider Transactions at SolGoldIn related news, insider Paul Smith acquired 9,587 shares of the business's stock in a transaction on Tuesday, July 29th. The stock was acquired at an average cost of GBX 10 per share, with a total value of £958.70. Over the last ninety days, insiders have purchased 185,842 shares of company stock worth $1,858,420. Company insiders own 52.84% of the company's stock. SolGold Company Profile (Get Free Report)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.See AlsoFive stocks we like better than SolGold3 Tickers Leading a Meme Stock RevivalAs Trump Blocks Clean Energy, What's Next for Renewables?Are Penny Stocks a Good Fit for Your Portfolio?How a Superstore Strategy Fueled MINISO’s 20% Stock SurgeThe How And Why of Investing in Oil StocksAnalysts Love These 3 Companies Reporting Earnings This WeekThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in SolGold Right Now?Before you consider SolGold, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SolGold wasn't on the list.While SolGold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here