Solstice Gold (CVE:SGC) Stock Price Down 13% – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report) dropped 13% during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 132,381 shares traded hands during trading, a decline of 64% from the average daily volume of 367,154 shares. The stock had previously closed at C$0.12.

Solstice Gold Trading Down 13.0%

The company has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07. 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 market capitalization of C$25.31 million, a PE ratio of -16.67 and a beta of 2.36.

About Solstice Gold

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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. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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