Share Name Share Symbol Market Type Share ISIN Share Description
Solomon Gold LSE:SOLG London Ordinary Share GB00B0WD0R35 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.875p -10.95% 15.25p 15.00p 15.50p 17.125p 14.375p 17.125p 21,550,223 16:29:43
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.7 -0.4 - 186.46

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Solomon Gold (SOLG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
30/09/2016 16:33:4516.26250,00040,650.00O
30/09/2016 16:29:3615.507,0191,087.95O
30/09/2016 16:27:4915.30107,77116,488.96O
30/09/2016 16:27:4315.3020,4283,125.48O
30/09/2016 16:27:3915.3030,0004,590.00O
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Solomon Gold (SOLG) Top Chat Posts

DateSubject
01/10/2016
09:20
Solomon Gold Daily Update: Solomon Gold is listed in the Mining sector of the London Stock Exchange with ticker SOLG. The last closing price for Solomon Gold was 17.13p.
Solomon Gold has a 4 week average price of 12.57p and a 12 week average price of 8.02p.
The 1 year high share price is 19.75p while the 1 year low share price is currently 1.05p.
There are currently 1,222,716,605 shares in issue and the average daily traded volume is 21,904,875 shares. The market capitalisation of Solomon Gold is £186,464,282.26.
28/9/2016
15:39
jlondon: "Why I*m buying into Solgold*s spectacular ascent."- Master Investors, 23 hrs ago. Highlights: "TSX-intense interest from North American investors. For them, a rising content of gold at Cascabel [about half the resource by value] will be the icing on the cake. But no one could tell whether it was Newcrest protecting its position or superior investment proposal-perhaps from another mining industry player...we can surmise that one of Maxit*s clients who were approached to support a further funding at the doubled share price was buying before hand-in order words on inside information. Solgold is rapidly drawing in more and more interest. It is "in play" in an industry which, although copper is at a 10 year low, is looking to fill the gap in copper supply looming in 5-10 years time-just when Cascabel could be coming into production-more investors believe has nowhere to go but up." Link: hxxps://masterinvestor.co.uk/commodities/im-buying-solgolds-spectacular-ascent/ If the link does not work, please Google the title above. J London [pls check as there can be typo errors]
22/9/2016
12:59
lefrene: tidy2, Nick Mather owns a big chunk of shares and has put a lot of time and effort into Solg, he is also getting older, he might prefer to keep his investment in Solg rather than turn it into cash? Of course it may get taken out of his hands by the big holders if a miner is willing to buy it outright. I guess a feasibility study will have to be done before that could happen. There's reckoned to be circa 10 billion tons at Cascabel, and I recently read that there have been buy out deals at $34 to $38 a ton but those price may have been in more reliable places with better infrastructure? But even to assume $20 a ton, that's an incredible $200 billion? Those numbers seem completely out landish, especially as the current market cap is circa £175 million, but it does suggest that the current share price has plenty of headroom.
19/9/2016
09:22
wisteria2: Yes but the share price has already had a rocket under it!! not that long ago share price was around 3p for a period.More likely newcrest will up the amount of shares at the discounted share price of 6.1p to increase there holding as more drilling results come in!! that's my guess anyway,and share price will trade at this level for some time.GLA
07/9/2016
09:38
pecker1: Price action shows that Nick Mather's decision to do a financing and three year deal with Newcrest is looking more and more like a masterstroke, not least because it depends on shareholder approval. The only potential problem I can see is the increasing disparity between the 6+p price and the market price. However, there is a simple win-win solution for both Solgold and Newcrest: either Newcrest offers, or they both agree,to split the difference so if the share price is say, an average of 11p over a four week period, Newcrest will pay 8.5p per share - still a handsome discount to market price. The extra cash for Solgold should give it enough in the kitty to avoid another placing with Maxit. This avoids further dilution which benefits both Solgold and Newcrest. The extra cash Newcrest will have to fork will be pretty small beer for them.
25/8/2016
20:44
uni hall: Solomon Gold (LON:SOLG) Ð a buying opportunity? Unlike DAL, SOLGÕs main listing is in London. But its shares can still be controlled from Canada, where one of its partners (Cornerstone Capital) is located and where there are far more knowledgeable mining investors (and analysts) than in London. Since I flagged it in March enough further drilling showing an expanding resource at Cascabel in Ecuador was completed to keep investors interested, but not enough to satisfy those who wanted more drilling but couldnÕt see that SOLG had enough cash to pay for it. So when on July 8th the company announced a funding breakthrough whereby Canadian investment advisor Maxit Capital LP had agreed a $20m private placement at a higher share price than the then 3p, the shares surged. Only to surge even further on August 1st when Maxit had had a closer look and agreed to increase the placement to Ôup to $36.5m at 8 cents per shareÕ (6.1p) compared with the then 5.5p. Since then the shares have been dominated by the traders who initially took them up to a peak of 7.6p but have subsequently taken them back down close to the anticipated final placing price and possible disposals by placees taking a quick profit. But that, of course, is to have taken eyes off the main picture which is that SOLG has the funds to expand its drilling campaign at Cascabel to confirm the tasty hints it has been finding of yet more porphyry targets (14 in total so far) on the site, some of which might be at less depth than found so far, offering the chance of earlier and cheaper initial mining. And (not that it should be taken as a guide) the Maxit deal includes the issue to them of warrants to subscribe for more shares over the next two years at 14p and 28p. Meanwhile SOLG is on track for a maiden resource at just its first target, Alpala, by the end of the year and might by then also have completed Ôa conceptual early stage mine and plant design and a scoping study for an economic development at CascabelÕ. The final size of the placing wonÕt be known until it closes tomorrow (Aug 24th), after which the shares should emerge from their recent abnormal trading, making them, I feel, a strong buy. Maxit Capital claims to be the leading Canadian mining finance advisor / merchant bank and (with its clients) will hold over 20% of SolgoldÕs shares, so will have a seat on the Board.
17/8/2016
12:02
pecker1: AIM has been littered with scams but I doubt very much that SOLG will be one of them. The gradual reduction in the share price down towards the placing price is quite normal, given that the placing is of considerable size relative to the market cap. It is possible that a few SOLG shareholders were already on the Maxit books or got themselves on to them after the placing RNS and have sold shares in the market which they can get back in the placing at a lower price. If you want a classic example of what happens to a company's share price both just before after large placings have a look at silver explorer KTN on Stockhouse. Quite obvious that many of the placing buyers are just out to make a quick profit and have little interest in investing in the company. Canadians seem to raise money this way which often screws the "retail" shareholders as they disparagingly call us. What's wrong with a rights issue or open offer to existing shareholders?
01/8/2016
10:55
maytrees: The RNS extracted below out earlier looks good to me but dyor: Maxit has agreed to subscribe for up to 268.8 million ordinary shares at US$0.08 per ordinary share for gross proceeds of US$21.5 million plus an option for up to a further US$15 million (Placement Shares). The amount available for subscription under the option may be reduced at SolGold's election. The US$0.08 price represents a 97% premium to the Company's closing mid-market share price prior to the initial announcement of the Maxit private placement and a 28.9% premium to the latest closing mid-market price on Friday 29 July 2016. Maxit is entitled to include third parties in the placement of shares, subject to the approval of SolGold. I hold
07/9/2013
14:48
h2owater: temmu Sell if your not interested. I've more confidence in the CEO: LSE Interesting that CEO indicates 36p as being the approx value when you consider the following are considerably higher than 36p.: Ø 3 million exercisable at £0.14, vesting once the SOLG share price has traded at a minimum of £0.20 on a 30 day VWAP basis; Ø 5 million exercisable at £0.28, vesting once the SOLG share price has traded at a minimum of £0.40 on a 30 day VWAP basis; and Ø 8 million exercisable at £0.50, vesting once the SOLG share price has traded at a minimum of £0.80 on a 30 day VWAP basis. Cheers and good luck.
22/8/2013
17:51
h2owater: lse From director mouth the potential for a world class Cu-Au deposit at Cascabel, which can launch SolGold from a junior explorer into the ranks of a +$1billion junior mining company." his share options 3 million exercisable at £0.14, vesting once the SOLG share price has traded at a minimum of £0.20 on a 30 day VWAP basis; Ø 5 million exercisable at £0.28, vesting once the SOLG share price has traded at a minimum of £0.40 on a 30 day VWAP basis; and Ø 8 million exercisable at £0.50, vesting once the SOLG share price has traded at a minimum of £0.80 on a 30 day VWAP basis.
17/5/2013
10:40
howdlep: Yes indeed. Once we break through 3.75p momentum will really pickup as traders realise the next obvious resistance is not until approx 7p. One look at management options tells you where the share price is heading longer term. This from the RNS dated 10 May on the apintment of Mr Martin as CEO:- Mr Mather said "the Company welcomes the appointment. Mr Martin's investment in SolGold, exploration focus and strong knowledge and understanding of resource investment markets were very important factors in his selection." Mr Martin already has a personal interest in 9,200,000 shares in the Company having invested $200,000 in the recent placement. Under the terms of Mr Martin's contract there is a four (4) month probationary period, after which he (or his nominee) will be granted options to acquire ordinary shares in the Company as follows: Ø 3 million exercisable at GBP0.14, vesting once the SOLG share price has traded at a minimum of GBP0.20 on a 30 day VWAP basis; Ø 5 million exercisable at GBP0.28, vesting once the SOLG share price has traded at a minimum of GBP0.40 on a 30 day VWAP basis; and Ø 8 million exercisable at GBP0.50, vesting once the SOLG share price has traded at a minimum of GBP0.80 on a 30 day VWAP basis.
Solomon Gold share price data is direct from the London Stock Exchange
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