Solstice Gold (CVE:SGC) Trading 100% Higher – Should You Buy?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) shot up 100% on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 5,090,426 shares traded hands during trading, an increase of 566% from the average session volume of 763,887 shares. The stock had previously closed at C$0.02.

Solstice Gold Trading Up 100.0 %

The business has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The firm has a market cap of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36.

Insider Activity at Solstice Gold

In related news, Director Blair Schultz acquired 11,000,000 shares of the stock in a transaction dated Friday, January 17th. The stock was bought at an average cost of C$0.01 per share, for a total transaction of C$110,000.00. 38.37% of the stock is owned by company insiders.

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.

Further Reading

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