Solstice Gold (CVE:SGC) Trading Up 16.7% – Here’s What Happened

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

Solstice Gold Stock Performance

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 quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The firm has a market cap of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94.

Insider Activity

In related news, Director Blair Schultz purchased 11,000,000 shares of Solstice Gold stock in a transaction dated Friday, January 17th. The shares were bought at an average cost of C$0.01 per share, for a total transaction of C$110,000.00. Corporate insiders own 38.37% of the company’s stock.

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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