Solstice Gold (CVE:SGC) Stock Price Down 14.3% – Here’s What Happened

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) were down 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares traded hands during trading, a decline of 68% from the average daily volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Down 14.3 %

The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The stock has a market cap of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The firm has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.02.

Insider Activity

In related news, Director Blair Schultz bought 11,000,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average cost of C$0.01 per share, with a total value of C$110,000.00. Company insiders own 38.37% of the company’s stock.

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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