Solstice Gold (CVE:SGC) Trading Up 16.7% – Time to Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares rose 16.7% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 671,125 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 635,434 shares. The stock had previously closed at C$0.03.

Solstice Gold Trading Up 33.3 %

The stock has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94. The firm has a market cap of C$8.01 million, a P/E ratio of -4.00 and a beta of 1.94.

Insider Buying and Selling at Solstice Gold

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

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