Solstice Gold Corp. (CVE:SGC – Get Free Report) dropped 14.3% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 210,400 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 748,667 shares. The stock had previously closed at C$0.04.
Solstice Gold Price Performance
The stock’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. 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 company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89.
Insider Buying and Selling
In other Solstice Gold news, Director Blair Schultz bought 11,000,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was acquired at an average price of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is owned by insiders.
About Solstice Gold
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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