Solstice Gold (CVE:SGC) Trading Up 16.7% – What’s Next?

Solstice Gold Corp. (CVE:SGC) traded up 16.7% during trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04. 187,000 shares changed hands during trading, a decline of 57% from the average session volume of 433,251 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Up 16.7 %

The firm’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.02. The firm has a market capitalization of C$7.01 million, a PE ratio of -3.50 and a beta of 1.94. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89.

Insiders Place Their Bets

In other Solstice Gold news, Director Blair Schultz acquired 11,000,000 shares of the company’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. 38.37% of the stock is currently owned by company insiders.

Solstice Gold Company Profile

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.