Shares of Solstice Gold Corp. (CVE:SGC – Get Free Report) were up 100% during mid-day trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 5,090,426 shares traded hands during trading, an increase of 566% from the average daily volume of 763,887 shares. The stock had previously closed at C$0.02.
Solstice Gold Stock Up 16.7 %
The company has a market cap of C$7.01 million, a price-to-earnings ratio of -3.50 and a beta of 1.94. 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 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02.
Insiders Place Their Bets
In related news, Director Blair Schultz acquired 11,000,000 shares of the company’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. Company 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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