Solstice Gold (CVE:SGC) Trading Down 14.3% – Time to Sell?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares were down 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Price Performance

The firm has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The company has a market cap of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89.

Insider Activity

In other news, Director Blair Schultz acquired 11,000,000 shares of the firm’s stock in a transaction that occurred on 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

(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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