Solgold (SOLG)

Sector:

Mining

8.89p
   
  • Change Today:
      0.030p
  • 52 Week High: 19.22
  • 52 Week Low: 6.02
  • Currency: UK Pounds
  • Shares Issued: 3,001.11m
  • Volume: 2,807,754
  • Market Cap: £266.80m
  • RiskGrade: 365

SolGold begins drilling Cascabel project in Ecuador

Date: Monday 02 Sep 2013

LONDON (ShareCast) - SolGold has started drilling its Alpala prospect at the Cascabel project, the company's copper-gold mine in northern Ecuador.

The first drill-hole, CSD-13-001, is positioned to test the stock-work zone of mineralisation.

The group plans to drill to a depth of 300 metres and will continue if mineralisation is encountered.

"The commencement of drilling of our first hole at Alpala is a very exciting time for SolGold shareholders and our partners Cornerstone," said Chief Executive Officer, Alan Martin.

"This is the time that every junior explorer dreams of, to be able to drill test a target deposit that has potential to be a world-class deposit."

SolGold holds a 50% interest and can earn up to 85% interest in Exploraciones Novomining S.A. (ENSA), an Ecuadorean registered company which holds 100% of the Cascabel concession in northern Ecuador. Cornerstone Capital Resources owns the other 50% of ENSA.

RD

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Solgold Market Data

Currency UK Pounds
Share Price 8.89p
Change Today 0.030p
% Change 0.34 %
52 Week High 19.22
52 Week Low 6.02
Volume 2,807,754
Shares Issued 3,001.11m
Market Cap £266.80m
RiskGrade 365

Solgold Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.39% below the market average59.39% below the market average59.39% below the market average59.39% below the market average59.39% below the market average
19.40% above the sector average19.40% above the sector average19.40% above the sector average19.40% above the sector average19.40% above the sector average
Price Trend
97.68% above the market average97.68% above the market average97.68% above the market average97.68% above the market average97.68% above the market average
40.28% below the sector average40.28% below the sector average40.28% below the sector average40.28% below the sector average40.28% below the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Solgold Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:46 115,000 @ 8.91p
16:36 115,000 @ 8.92p
16:35 227,679 @ 8.89p
16:35 4,287 @ 8.89p
16:35 143 @ 8.89p

Solgold Key Personnel

CEO Scott A. Caldwell

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