Solstice Gold Corp. (CVE:SGC – Get Free Report)’s share price dropped 14.3% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 207,400 shares changed hands during trading, a decline of 72% from the average daily volume of 739,303 shares. The stock had previously closed at C$0.04.
Solstice Gold Price Performance
The stock 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 quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The company’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02.
Insider Buying and Selling
In other Solstice Gold news, Director Blair Schultz purchased 11,000,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The stock was 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 currently owned by corporate 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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