Solstice Gold (CVE:SGC) Stock Price Up 16.7% – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) rose 16.7% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 506,025 shares were traded during trading, a decline of 19% from the average daily volume of 625,115 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Up 33.3 %

The firm 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 quick ratio of 6.94 and a current ratio of 4.36. The business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02.

Insider Activity

In other Solstice Gold news, Director Blair Schultz acquired 11,000,000 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The stock was acquired 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 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.

Further Reading

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