Superior Gold (CVE:SGI) Trading 2.6% Higher – Still a Buy?

Superior Gold Inc. (CVE:SGI) was up 2.6% on Wednesday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 765,290 shares changed hands during trading, an increase of 416% from the average daily volume of 148,202 shares. The stock had previously closed at C$0.19.

Superior Gold Stock Up 2.6 %

The stock has a market capitalization of C$24.07 million, a PE ratio of -0.78 and a beta of 1.46. The company has a debt-to-equity ratio of 52.16, a quick ratio of 0.75 and a current ratio of 0.43. The stock’s 50-day moving average price is C$0.20 and its two-hundred day moving average price is C$0.20.

About Superior Gold

Superior Gold Inc engages in the acquisition, exploration, development, and operation of gold resource properties. The company also sells silver. It owns and operates Plutonic gold mine located in Western Australia; and holds a 100% interest in the Hermes open pit project that covers an area of approximately 217 km² located to the southwest of the Plutonic gold mine.