Solstice Gold (CVE:SGC) Shares Up 14.3% – Here’s What Happened

Solstice Gold Corp. (CVE:SGC) shares rose 14.3% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 354,000 shares were traded during trading, a decline of 33% from the average daily volume of 527,056 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Performance

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

Insider Buying and Selling at Solstice Gold

In related news, Director Blair Schultz acquired 11,000,000 shares of the company’s stock in a transaction that occurred 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. Insiders own 38.37% of the company’s stock.

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.