Solstice Gold (CVE:SGC) Stock Price Up 100% – Time to Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price shot up 100% on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 5,044,426 shares traded hands during mid-day trading, an increase of 632% from the average session volume of 689,024 shares. The stock had previously closed at C$0.02.

Solstice Gold Price Performance

The stock has a market capitalization of C$7.01 million, a price-to-earnings ratio of -3.50 and a beta of 1.94. The company’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is 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 Transactions at Solstice Gold

In other Solstice Gold news, Director Blair Schultz purchased 11,000,000 shares of the stock in a transaction that occurred on Friday, January 17th. The shares were acquired 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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