Solstice Gold (CVE:SGC) Trading 33.3% Higher – Should You Buy?

Solstice Gold Corp. (CVE:SGC) shares rose 33.3% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 681,125 shares were traded during trading, an increase of 7% from the average daily volume of 636,059 shares. The stock had previously closed at C$0.03.

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 cap of C$8.01 million, a P/E ratio of -4.00 and a beta of 1.94. The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

Insider Activity at Solstice Gold

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

Solstice Gold Company Profile

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.