Shares of Solstice Gold Corp. (CVE:SGC – Get Free Report) rose 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 681,125 shares traded hands during trading, an increase of 7% from the average daily volume of 636,059 shares. The stock had previously closed at C$0.03.
Solstice Gold Stock Performance
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 company has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The stock has a market cap of C$8.01 million, a P/E ratio of -4.00 and a beta of 1.94.
Insiders Place Their Bets
In related news, Director Blair Schultz purchased 11,000,000 shares of Solstice Gold stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average cost 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
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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