Solstice Gold Corp. (CVE:SGC – Get Free Report) shares dropped 14.3% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 751,424 shares. The stock had previously closed at C$0.04.
Solstice Gold Stock Down 14.3 %
The company’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The firm has a market capitalization of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. 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 Buying and Selling
In related news, Director Blair Schultz purchased 11,000,000 shares of the firm’s stock in a transaction 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 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.
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