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SLGGF (SolGold Plc) is no longer actively trading.
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SLGGF does not currently pay a dividend.
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SolGold Plc is a mineral exploration and development firm that actively seeks out and advances mineral properties across Ecuador, Australia, and the Solomon Islands. The company primarily targets deposits rich in copper, gold, silver, and molybdenum. Its premier undertaking is the Alpala project, which spans approximately 50 square kilometers within Northern Ecuador's Imbabura province. Established in 2005, SolGold Plc adopted its current name in May 2012, having previously been known as Solomon Gold plc. The company maintains its headquarters in Brisbane, Australia.
Solgold PLC (OTCMKTS:SLGGF - Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 1,170,659 shares, a drop of 44.8% from the December 15th total of 2,118,920 shares. Currently, 0.0% of the shares of the stock are sold short. Based on
Solgold PLC (OTCMKTS:SLGGF - Get Free Report) shares traded up 4.3% during mid-day trading on Friday. The company traded as high as $0.36 and last traded at $0.36. 129,413 shares were traded during trading, an increase of 2% from the average session volume of 126,313 shares. The stock had previously closed at $0.3450. Solgold
The Chinese state-owned miner has won the support of SolGold's board after making a revised bid that values U.K.-listed company at $1.13 billion
China's Jiangxi Copper has raised its takeover offer for gold and copper miner SolGold to 28 pence per share, valuing the company at about 842 million pounds ($1.13 billion), the companies said on Friday.
SolGold PLC (LSE:SOLG, TSX:SOLG, OTC:SLGGF) has confirmed it is warming to a sweetened takeover proposal from Jiangxi Copper, which has lifted its indicative cash offer to 28p a share. At that price, the Ecuador-focused miner is valued at about £842 million.