Solstice Gold (CVE:SGC) Stock Price Up 100% – Should You Buy?

Shares of Solstice Gold Corp. (CVE:SGC) traded up 100% during trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 5,090,426 shares changed hands during mid-day trading, an increase of 566% from the average session volume of 763,887 shares. The stock had previously closed at C$0.02.

Solstice Gold Stock Performance

The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89. The stock has a market cap of C$7.01 million, a price-to-earnings ratio of -3.50 and a beta of 1.94. The stock’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

Insider Buying and Selling

In related news, Director Blair Schultz purchased 11,000,000 shares of the firm’s stock in a transaction that occurred 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.