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

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

Solstice Gold Trading Up 33.3 %

The stock’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The stock has a market capitalization of C$8.01 million, a P/E ratio of -4.00 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.

Insider Transactions at Solstice Gold

In other news, Director Blair Schultz acquired 11,000,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were bought at an average price of C$0.01 per share, with a total value of C$110,000.00. Corporate 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.