Solstice Gold Corp. (CVE:SGC – Get Free Report) shares dropped 14.3% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 207,500 shares were traded during trading, a decline of 70% from the average daily volume of 686,542 shares. The stock had previously closed at C$0.04.
Solstice Gold Stock Performance
The firm has a market capitalization of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. 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 firm has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02.
Insiders Place Their Bets
In other Solstice Gold news, Director Blair Schultz bought 11,000,000 shares of the stock in a transaction on Friday, January 17th. The shares were purchased at an average price of C$0.01 per share, with a total value of C$110,000.00. Insiders own 38.37% of the company’s stock.
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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