Solstice Gold (CVE:SGC) Trading 100% Higher – Still a Buy?

Solstice Gold Corp. (CVE:SGC) rose 100% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 5,076,426 shares were traded during trading, an increase of 567% from the average daily volume of 761,262 shares. The stock had previously closed at C$0.02.

Solstice Gold Price Performance

The firm has a market cap of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The firm’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89.

Insider Activity at Solstice Gold

In related news, Director Blair Schultz bought 11,000,000 shares of the 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 corporate 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.