Solstice Gold (CVE:SGC) Shares Up 33.3% – Here’s Why

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price was up 33.3% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 681,125 shares were traded during trading, an increase of 7% from the average daily volume of 635,496 shares. The stock had previously closed at C$0.03.

Solstice Gold Price Performance

The company has a market capitalization of C$8.01 million, a P/E ratio of -4.00 and a beta of 1.94. The stock’s fifty 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 current ratio of 4.36 and a quick ratio of 6.94.

Insider Activity at Solstice Gold

In other news, Director Blair Schultz acquired 11,000,000 shares of Solstice Gold stock in a transaction on Friday, January 17th. The stock was bought at an average price of C$0.01 per share, for a total transaction of C$110,000.00. 38.37% of the stock is owned by corporate insiders.

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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