Solstice Gold (CVE:SGC) Shares Up 12.5% – Here’s What Happened

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price shot up 12.5% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 248,500 shares were traded during trading, a decline of 53% from the average session volume of 530,059 shares. The stock had previously closed at C$0.04.

Solstice Gold Price Performance

The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89. The firm has a market cap of C$7.01 million, a P/E ratio of -3.50 and a beta of 1.94. The company has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

Insider Activity

In other 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 acquired 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 company 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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