Solstice Gold (CVE:SGC) Shares Up 100% – Time to Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares were up 100% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 5,090,426 shares traded hands during trading, an increase of 566% from the average daily volume of 763,887 shares. The stock had previously closed at C$0.02.

Solstice Gold Trading Up 16.7 %

The company has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36. The stock has a market capitalization of C$7.01 million, a PE ratio of -3.50 and a beta of 1.94.

Insider Activity at Solstice Gold

In related news, Director Blair Schultz acquired 11,000,000 shares of the stock in a transaction dated Friday, January 17th. The stock was acquired at an average cost of C$0.01 per share, for a total transaction of C$110,000.00. 38.37% of the stock is currently owned by 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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