Solstice Gold (CVE:SGC) Trading Down 14.3% – Should You Sell?

Solstice Gold Corp. (CVE:SGC)’s stock price traded down 14.3% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 240,734 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Trading Down 14.3 %

The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36. The stock has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The stock has a market cap of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94.

Insider Buying and Selling at Solstice Gold

In other news, Director Blair Schultz acquired 11,000,000 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was purchased 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 currently owned by company insiders.

Solstice Gold Company Profile

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.