Solstice Gold Corp. (CVE:SGC – Get Free Report) fell 14.3% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 207,500 shares changed hands during trading, a decline of 70% from the average session volume of 686,542 shares. The stock had previously closed at C$0.04.
Solstice Gold Stock 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 cap of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94. The firm has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.
Insiders Place Their Bets
In other news, Director Blair Schultz purchased 11,000,000 shares of the company’s stock in a transaction dated Friday, January 17th. The stock was bought at an average cost of C$0.01 per share, for a total transaction 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.
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