Solstice Gold (CVE:SGC) Trading 100% Higher – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares shot up 100% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 4,411,526 shares were traded during mid-day trading, an increase of 553% from the average session volume of 675,899 shares. The stock had previously closed at C$0.02.

Solstice Gold Stock Up 16.7 %

The company has a market capitalization of C$7.01 million, a P/E ratio of -3.50 and a beta of 1.94. The company has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.02. 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

In other Solstice Gold news, Director Blair Schultz bought 11,000,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was acquired at an average price 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.

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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