Solstice Gold Corp. (CVE:SGC – Get Free Report)’s stock price dropped 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares were traded during trading, a decline of 68% from the average daily volume of 751,424 shares. The stock had previously closed at C$0.04.
Solstice Gold Trading Down 14.3 %
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 firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The stock has a market capitalization of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94.
Insider Buying and Selling
In related news, Director Blair Schultz bought 11,000,000 shares of the business’s stock in a transaction dated 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. Insiders own 38.37% of the company’s stock.
About Solstice Gold
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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