Solstice Gold (CVE:SGC) Stock Price Up 33.3% – Still a Buy?

Shares of Solstice Gold Corp. (CVE:SGC) traded 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. 681,125 shares were traded during mid-day trading, an increase of 7% from the average session volume of 636,059 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Up 33.3 %

The firm’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 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 capitalization of C$8.01 million, a P/E ratio of -4.00 and a beta of 1.94.

Insider Activity at Solstice Gold

In other news, Director Blair Schultz acquired 11,000,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The stock was bought 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 company 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.