Solstice Gold (CVE:SGC) Shares Up 33.3% – Here’s What Happened

Shares of Solstice Gold Corp. (CVE:SGC) were up 33.3% on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 681,125 shares traded hands during trading, an increase of 7% from the average daily volume of 636,059 shares. The stock had previously closed at C$0.03.

Solstice Gold Price 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 has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The company has a market capitalization of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94.

Insider Buying and Selling

In other Solstice Gold news, Director Blair Schultz acquired 11,000,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were bought at an average cost 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.

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.