Solstice Gold (CVE:SGC) Stock Price Down 14.3% – Here’s Why

Solstice Gold Corp. (CVE:SGCGet Free Report) shares fell 14.3% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 240,734 shares traded hands during trading, a decline of 68% from the average session volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Down 14.3 %

The company has a market cap of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The business has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89.

Insider Activity

In other news, Director Blair Schultz purchased 11,000,000 shares of the stock in a transaction on Friday, January 17th. The stock was bought at an average price of C$0.01 per share, for a total transaction of C$110,000.00. Corporate insiders own 38.37% of the company’s stock.

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.

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