Solstice Gold (CVE:SGC) Trading Down 14.3% – Here’s What Happened

Solstice Gold Corp. (CVE:SGCGet Free Report) was down 14.3% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 207,500 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 686,542 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 quick ratio of 6.94 and a current ratio of 4.36. The firm has a market capitalization of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. The stock’s fifty 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 company’s stock in a transaction that occurred on Friday, January 17th. The stock was acquired at an average price of C$0.01 per share, for a total transaction of C$110,000.00. Insiders own 38.37% of the company’s stock.

Solstice Gold Company Profile

(Get Free Report)

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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