Solstice Gold (CVE:SGC) Trading Up 33.3% – Time to Buy?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) traded up 33.3% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 681,125 shares were traded during mid-day trading, an increase of 7% from the average session volume of 636,059 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Performance

The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89. The stock has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a market cap of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94.

Insiders Place Their Bets

In other news, Director Blair Schultz bought 11,000,000 shares of the business’s stock in a transaction on Friday, January 17th. The shares were bought at an average cost 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.

Solstice Gold Company Profile

(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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