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

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price traded down 14.3% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 240,734 shares traded hands during trading, a decline of 68% from the average session volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Performance

The stock’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89. The company has a market capitalization of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94.

Insiders Place Their Bets

In other 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 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 corporate insiders.

About Solstice Gold

(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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