Solstice Gold (CVE:SGC) Shares Down 14.3% – Here’s What Happened

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price was down 14.3% during trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares were traded during 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 Performance

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 capitalization of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

Insider Transactions at Solstice Gold

In related news, Director Blair Schultz bought 11,000,000 shares of the firm’s stock in a transaction on Friday, January 17th. The shares were bought at an average price of C$0.01 per share, with a total value of C$110,000.00. 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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