Solstice Gold (CVE:SGC) Shares Up 100% – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price was up 100% on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 5,090,426 shares traded hands during trading, an increase of 566% from the average daily volume of 763,887 shares. The stock had previously closed at C$0.02.

Solstice Gold Price Performance

The firm’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The firm has a market capitalization of C$7.01 million, a PE ratio of -3.50 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 other Solstice Gold news, Director Blair Schultz acquired 11,000,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were bought at an average cost of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is owned by company insiders.

About Solstice Gold

(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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