Solstice Gold (CVE:SGC) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Solstice Gold Corp. (CVE:SGCGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.02 and traded as high as C$0.04. Solstice Gold shares last traded at C$0.04, with a volume of 2,383 shares traded.

Solstice Gold Stock Up 14.3 %

The firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.02. The company has a market cap of C$8.01 million, a price-to-earnings ratio of -4.00 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.

Insider Activity at Solstice Gold

In related news, Director Blair Schultz bought 11,000,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average price of C$0.01 per share, for a total transaction of C$110,000.00. 38.37% of the stock is owned by insiders.

About Solstice Gold

(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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