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

Solstice Gold Corp. (CVE:SGCGet 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 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 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 P/E ratio of -4.00 and a beta of 1.94. The firm has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

Insider Activity

In other news, Director Blair Schultz purchased 11,000,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were purchased 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 owned by company 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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