Solstice Gold (CVE:SGC) Shares Down 14.3% – Should You Sell?

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

Solstice Gold Trading Down 14.3 %

The company has a market capitalization of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. 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’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02.

Insider Activity

In other news, Director Blair Schultz purchased 11,000,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was acquired at an average cost of C$0.01 per share, with a total value of C$110,000.00. Company 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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