Solstice Gold (CVE:SGC) Shares Up 33.3% – Should You Buy?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) shot up 33.3% during trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 681,125 shares changed hands during mid-day 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 Stock Performance

The stock’s 50 day moving average price is C$0.02 and its 200 day moving average price is 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. The firm has a market cap of C$8.01 million, a PE ratio of -4.00 and a beta of 1.94.

Insider Transactions at Solstice Gold

In related news, Director Blair Schultz purchased 11,000,000 shares of Solstice Gold stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average cost of C$0.01 per share, with a total value of C$110,000.00. Company insiders own 38.37% of the company’s stock.

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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