Solstice Gold (CVE:SGC) Trading 16.7% Higher – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares traded up 16.7% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 506,025 shares were traded during mid-day trading, a decline of 19% from the average session volume of 625,115 shares. The stock had previously closed at C$0.03.

Solstice Gold Price Performance

The stock has a market capitalization of C$8.01 million, a P/E ratio of -4.00 and a beta of 1.94. 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 firm has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

Insiders Place Their Bets

In related news, Director Blair Schultz bought 11,000,000 shares of the stock in a transaction dated 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 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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