Solstice Gold Corp. (CVE:SGC – Get Free Report) dropped 16.7% during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 391,623 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 722,524 shares. The stock had previously closed at C$0.03.
Solstice Gold Stock Down 14.3 %
The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. 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 company has a market cap of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94.
Insider Activity at Solstice Gold
In related news, Director Blair Schultz purchased 11,000,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average price of C$0.01 per share, for a total transaction of C$110,000.00. Insiders own 38.37% of the company’s stock.
Solstice Gold Company Profile
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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