Solstice Gold (CVE:SGC) Trading 33.3% Higher – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price was up 33.3% during trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 681,125 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 635,496 shares. The stock had previously closed at C$0.03.

Solstice Gold Trading Up 33.3 %

The company has a market capitalization of C$8.01 million, a P/E ratio of -4.00 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. The business’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02.

Insider Activity

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 purchased at an average cost of C$0.01 per share, for a total transaction of C$110,000.00. Corporate insiders own 38.37% of the company’s stock.

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.

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