Solstice Gold (CVE:SGC) Shares Up 33.3% – Here’s What Happened

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) shot up 33.3% during mid-day trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 681,125 shares were traded during trading, an increase of 7% from the average session volume of 636,059 shares. The stock had previously closed at C$0.03.

Solstice Gold Trading Up 33.3 %

The company has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.02. 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 firm has a market cap of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94.

Insider Buying and Selling

In other Solstice Gold news, Director Blair Schultz bought 11,000,000 shares of Solstice Gold stock in a transaction on Friday, January 17th. The shares were bought 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 corporate 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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