Shares of Solstice Gold Corp. (CVE:SGC – Get Free Report) were up 16.7% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 506,025 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 625,115 shares. The stock had previously closed at C$0.03.
Solstice Gold Price Performance
The company has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The firm has a market capitalization 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 other Solstice Gold 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. Company 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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