Solstice Gold Corp. (CVE:SGC – Get Free Report) shares shot up 33.3% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 681,125 shares changed hands 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 Stock Performance
The stock has a market capitalization of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94. 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 firm has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.02.
Insiders Place Their Bets
In related news, Director Blair Schultz acquired 11,000,000 shares of the business’s stock in a transaction on Friday, January 17th. The shares were bought 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 currently owned by 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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