Solstice Gold Corp. (CVE:SGC – Get Free Report)’s share price shot up 16.7% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 671,125 shares were traded during trading, an increase of 6% from the average session volume of 632,684 shares. The stock had previously closed at C$0.03.
Solstice Gold Trading Up 33.3 %
The company has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The firm has a market cap of C$8.01 million, a P/E ratio of -4.00 and a beta of 1.94. The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36.
Insiders Place Their Bets
In related news, Director Blair Schultz acquired 11,000,000 shares of the business’s stock in a transaction that occurred 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. 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.
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