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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.