Solstice Gold (CVE:SGC) Trading Down 14.3% – Time to Sell?

Solstice Gold Corp. (CVE:SGC)’s stock price traded down 14.3% during trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. 240,734 shares changed hands during trading, a decline of 68% from the average session 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 stock has a market capitalization of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

Insiders Place Their Bets

In related news, Director Blair Schultz bought 11,000,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were acquired at an average price of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is currently owned by corporate insiders.

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.