Solstice Gold (CVE:SGC) Trading Down 14.3% – What’s Next?

Solstice Gold Corp. (CVE:SGC)’s stock price traded down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 240,734 shares were traded during mid-day trading, a decline of 68% from the average session volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Price 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 market cap of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The business has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

Insider Activity

In related news, Director Blair Schultz acquired 11,000,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were acquired 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.

About Solstice Gold

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.