Solstice Gold (CVE:SGC) Stock Price Down 14.3% – Time to Sell?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares fell 14.3% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 207,500 shares changed hands during trading, a decline of 70% from the average session volume of 686,542 shares. The stock had previously closed at C$0.04.

Solstice Gold Trading Down 14.3 %

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$6.01 million, a PE ratio of -3.00 and a beta of 1.94.

Insider Activity at Solstice Gold

In related news, Director Blair Schultz purchased 11,000,000 shares of the stock in a transaction that occurred 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. 38.37% of the stock is currently owned by insiders.

About Solstice Gold

(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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