SRG Mining (CVE:SRG) Stock Jumps 10.2% – What’s Next?

Shares of SRG Mining Inc. (CVE:SRG – Get Free Report) shot up 10.2% on Tuesday. The stock traded as high as C$0.54 and last traded at C$0.54. Approximately 37,656 shares traded hands during trading, an increase of 44% from the average session volume of 26,070 shares. The stock had previously closed at C$0.49.

SRG Mining Stock Performance

The stock’s 50-day moving average price is C$0.54 and its 200-day moving average price is C$0.54. The company has a current ratio of 14.17, a quick ratio of 25.67 and a debt-to-equity ratio of 1.35. The company has a market capitalization of C$63.39 million, a P/E ratio of -12.07 and a beta of 1.12.

SRG Mining Company Profile

(Get Free Report)

SRG Mining Inc, a Canadian-based mining company, engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds interests in the Lola graphite project located in the Republic of Guinea, West Africa. The company was formerly known as SRG Graphite Inc and changed its name to SRG Mining Inc in July 2019. SRG Mining Inc was incorporated in 1996 and is headquartered in Montreal, Canada.

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