Solstice Gold (CVE:SGC) Stock Price Up 33.3% – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares shot up 33.3% on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 681,125 shares changed hands during mid-day 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 Up 33.3 %

The firm has a market cap of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94. The business’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36.

Insider Transactions at Solstice Gold

In other Solstice Gold news, Director Blair Schultz acquired 11,000,000 shares of Solstice Gold 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. Company insiders own 38.37% of the company’s stock.

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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