Solstice Gold Corp. (CVE:SGC – Get Free Report) dropped 14.3% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 306,500 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 686,542 shares. The stock had previously closed at C$0.04.
Solstice Gold Stock Performance
The firm has a market capitalization of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94. The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89.
Insider Transactions at Solstice Gold
In other news, Director Blair Schultz purchased 11,000,000 shares of the business’s stock in a transaction on 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 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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