Solstice Gold (CVE:SGC) Trading Up 25% – Time to Buy?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) were up 25% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 100,550 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 246,082 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Performance

The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The stock has a market capitalization of C$10.01 million, a P/E ratio of -5.00 and a beta of 1.94. The business has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.03.

Insiders Place Their Bets

In related news, Director Blair Schultz bought 180,000 shares of the business’s stock in a transaction on Tuesday, April 1st. The stock was acquired at an average price of C$3.50 per share, with a total value of C$630,000.00. 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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