Solstice Gold (CVE:SGC) Shares Down 14.3% – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report) dropped 14.3% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 240,400 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 751,394 shares. The stock had previously closed at C$0.04.

Solstice Gold Trading Down 14.3 %

The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36. The stock has a market capitalization of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94. The stock has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

Insider Activity at Solstice Gold

In other news, Director Blair Schultz bought 11,000,000 shares of Solstice Gold stock in a transaction on Friday, January 17th. The shares were purchased 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 currently owned by company 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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