Solstice Gold (CVE:SGC) Trading 16.7% Higher – Here’s What Happened

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price shot up 16.7% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 671,125 shares changed hands during trading, an increase of 6% from the average session volume of 635,434 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Performance

The firm has a market cap of C$8.01 million, a PE ratio of -4.00 and a beta of 1.94. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The company has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.

Insider Buying and Selling

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

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