Solstice Gold (CVE:SGC) Trading Up 33.3% – Here’s What Happened

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) were up 33.3% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 681,125 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 636,059 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Performance

The company has a market cap of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94. The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36.

Insider Buying and Selling

In other Solstice Gold news, Director Blair Schultz bought 11,000,000 shares of the firm’s stock in a transaction on Friday, January 17th. The shares were acquired 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 currently 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.

Further Reading

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