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

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) fell 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 240,734 shares were traded 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 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 stock has a market cap of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The firm has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

Insider Buying and Selling at Solstice Gold

In related news, Director Blair Schultz purchased 11,000,000 shares of the business’s stock in a transaction on Friday, January 17th. The shares were acquired at an average price of C$0.01 per share, for a total transaction of C$110,000.00. 38.37% of the stock is currently owned by company insiders.

About Solstice Gold

(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.

Further Reading

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