Solstice Gold (CVE:SGC) Trading 33.3% Higher – Should You Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) traded up 33.3% 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 Price Performance

The stock has a market cap of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The company’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02.

Insider Activity

In other news, Director Blair Schultz bought 11,000,000 shares of the 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. Corporate 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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