Solstice Gold (CVE:SGC) Stock Price Down 14.3% – What’s Next?

Solstice Gold Corp. (CVE:SGC) dropped 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares were traded during mid-day 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 Stock Down 14.3 %

The stock has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02. The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94. The company has a market cap of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94.

Insider Buying and Selling at Solstice Gold

In other Solstice Gold news, Director Blair Schultz bought 11,000,000 shares of the business’s stock in a transaction on Friday, January 17th. The stock was purchased at an average cost of C$0.01 per share, for a total transaction of C$110,000.00. Insiders own 38.37% of the company’s stock.

About Solstice Gold

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.