Solstice Gold (CVE:SGC) Trading 100% Higher – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares were up 100% during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 5,090,426 shares changed hands during mid-day trading, an increase of 566% from the average daily volume of 763,887 shares. The stock had previously closed at C$0.02.

Solstice Gold Price Performance

The stock has a market capitalization of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. 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’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

Insider Activity at Solstice Gold

In related news, Director Blair Schultz bought 11,000,000 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was purchased 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 corporate insiders.

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.

Further Reading

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