Solstice Gold Corp. (CVE:SGC – Get Free Report)’s share price dropped 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 changed hands 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 Trading Down 14.3 %
The company has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. 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 company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89.
Insiders Place Their Bets
In other news, Director Blair Schultz acquired 11,000,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was acquired at an average price of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is owned by insiders.
About Solstice Gold
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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