Solstice Gold (CVE:SGC) Shares Up 33.3% – Should You Buy?

Solstice Gold Corp. (CVE:SGC) was up 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 changed hands during trading, an increase of 7% from the average daily volume of 635,496 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Up 33.3 %

The business’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a market capitalization 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.

Insider Activity at Solstice Gold

In other Solstice Gold news, Director Blair Schultz bought 11,000,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were bought 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 owned by insiders.

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.