Solstice Gold (CVE:SGC) Shares Up 33.3% – Here’s What Happened

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

The stock’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The firm has a market cap of C$8.01 million, a PE 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.

Insider Transactions at Solstice Gold

In other news, Director Blair Schultz bought 11,000,000 shares of the business’s stock in a transaction 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 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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