Solstice Gold (CVE:SGC) Trading 16.7% Higher – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report) was up 16.7% on Monday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 202,000 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 434,751 shares. The stock had previously closed at C$0.03.

Solstice Gold Price Performance

The firm has a market cap of C$7.01 million, a price-to-earnings ratio of -3.50 and a beta of 1.94. The business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of 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 news, Director Blair Schultz acquired 11,000,000 shares of Solstice Gold stock in a transaction on Friday, January 17th. The stock was 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 corporate 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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