Solstice Gold (CVE:SGC) Trading Down 14.3% – What’s Next?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) dropped 14.3% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 556,300 shares were traded during trading, a decline of 20% from the average daily volume of 696,442 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Down 14.3 %

The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36. The stock’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The stock has a market capitalization of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94.

Insider Buying and Selling

In related news, Director Blair Schultz acquired 11,000,000 shares of Solstice Gold stock in a transaction that occurred on Friday, January 17th. The stock was bought at an average price of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is currently owned by insiders.

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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