Solstice Gold Corp. (CVE:SGC – Get Free Report) was down 14.3% during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 306,500 shares traded hands during trading, a decline of 56% from the average daily volume of 693,342 shares. The stock had previously closed at C$0.04.
Solstice Gold Stock Performance
The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94. The stock’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a market capitalization of C$7.01 million, a P/E ratio of -3.50 and a beta of 1.94.
Insiders Place Their Bets
In other Solstice Gold news, Director Blair Schultz bought 11,000,000 shares of the company’s stock in a transaction dated 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.
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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