Solstice Gold (CVE:SGC) Stock Price Down 14.3% – Should You Sell?

Solstice Gold Corp. (CVE:SGCGet Free Report) traded down 14.3% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 240,734 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Price Performance

The company has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.02. The stock has a market cap of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89.

Insider Activity

In related news, Director Blair Schultz bought 11,000,000 shares of the stock in a transaction dated Friday, January 17th. The stock was acquired at an average price of C$0.01 per share, for a total transaction 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.

Further Reading

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