Solstice Gold Corp. (CVE:SGC – Get Free Report) shares shot up 33.3% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 681,125 shares were traded during trading, an increase of 7% from the average session volume of 635,496 shares. The stock had previously closed at C$0.03.
Solstice Gold Price Performance
The company’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. 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 company has a market capitalization of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94.
Insiders Place Their Bets
In other Solstice Gold news, Director Blair Schultz purchased 11,000,000 shares of the stock in a transaction dated Friday, January 17th. The shares were bought 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 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.
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