Solstice Gold (CVE:SGC) Trading 100% Higher – Here’s Why

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price rose 100% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 4,411,526 shares traded hands during mid-day trading, an increase of 553% from the average daily volume of 675,899 shares. The stock had previously closed at C$0.02.

Solstice Gold Price Performance

The stock has a market cap of C$7.01 million, a PE ratio of -3.50 and a beta of 1.94. The business’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89.

Insider Buying and Selling

In related news, Director Blair Schultz purchased 11,000,000 shares of the business’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, for a total transaction of C$110,000.00. 38.37% of the stock is owned by 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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