Solstice Gold (CVE:SGC) Shares Down 14.3% – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report) fell 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 240,734 shares changed 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 Stock Down 14.3 %

The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94. The business’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The stock has a market capitalization of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94.

Insiders Place Their Bets

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

Solstice Gold Company Profile

(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.

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