Solstice Gold (CVE:SGC) Stock Price Down 14.3% – Time to Sell?

Shares of Solstice Gold Corp. (CVE:SGC) fell 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 traded hands 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 Stock Down 14.3 %

The company has a market cap of C$6.01 million, a P/E ratio of -3.00 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. The company has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.02.

Insider Activity at Solstice Gold

In other Solstice Gold news, Director Blair Schultz purchased 11,000,000 shares of the firm’s stock in a transaction on Friday, January 17th. The shares were acquired at an average cost of C$0.01 per share, with a total value 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.