Solstice Gold (CVE:SGC) Trading Up 100% – Should You Buy?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) were up 100% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 5,044,426 shares changed hands during trading, an increase of 632% from the average daily volume of 689,024 shares. The stock had previously closed at C$0.02.

Solstice Gold Price Performance

The company has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The company has a market capitalization of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89.

Insider Buying and Selling

In related news, Director Blair Schultz acquired 11,000,000 shares of Solstice Gold stock in a transaction on Friday, January 17th. The shares were bought at an average price of C$0.01 per share, for a total transaction of C$110,000.00. Corporate insiders own 38.37% of the company’s stock.

Solstice Gold Company Profile

(Get Free Report)

Solstice Gold Corp. engages in the exploration for and development of mineral resource properties in Ontario and Nunavut, Canada. It primarily explores for gold and lithium deposits. The company was formerly known as Dunnedin Gold Inc and changed its name to Solstice Gold Corp. in September 2017. Solstice Gold Corp.

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