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

Solstice Gold Corp. (CVE:SGCGet Free Report) shares traded up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 681,125 shares were traded 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 Price Performance

The business has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The stock has a market cap of C$8.01 million, a PE 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.

Insiders Place Their Bets

In related news, Director Blair Schultz bought 11,000,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were purchased at an average price of C$0.01 per share, for a total transaction of C$110,000.00. Company insiders own 38.37% of the company’s stock.

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.

Further Reading

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