Solstice Gold Corp. (CVE:SGC – Get Free Report) shares shot up 14.3% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.04. 354,000 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 527,056 shares. The stock had previously closed at C$0.04.
Solstice Gold Stock Performance
The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94. The firm has a market capitalization of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94. The firm’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.02.
Insider Buying and Selling at Solstice Gold
In related news, Director Blair Schultz purchased 11,000,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were acquired 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.
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.
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