Solstice Gold (CVE:SGC) Trading Down 16.7% – Here’s Why

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price traded down 16.7% during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 391,823 shares were traded during mid-day trading, a decline of 46% from the average session volume of 722,524 shares. The stock had previously closed at C$0.03.

Solstice Gold Price Performance

The company has a market capitalization of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. The business has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02. 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 Buying and Selling at Solstice Gold

In other news, Director Blair Schultz purchased 11,000,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was purchased 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 owned by corporate 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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