Solstice Gold Corp. (CVE:SGC – Get Free Report)’s share price dropped 14.3% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares changed hands during trading, a decline of 68% from the average daily volume of 751,424 shares. The stock had previously closed at C$0.04.
Solstice Gold Trading Down 14.3 %
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 company has a market capitalization of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. The business’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.
Insider Activity
In related news, Director Blair Schultz purchased 11,000,000 shares of the stock in a transaction dated Friday, January 17th. The stock was bought at an average cost of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is currently 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.
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