Solstice Gold (CVE:SGC) Trading Up 33.3% – Should You Buy?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) traded up 33.3% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 681,125 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 636,059 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Performance

The firm has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The stock 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 current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89.

Insider Activity at Solstice Gold

In other news, Director Blair Schultz purchased 11,000,000 shares of Solstice Gold 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 company insiders.

Solstice Gold Company Profile

(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.

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