Solstice Gold (CVE:SGC) Stock Price Down 14.3% – Here’s Why

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

Solstice Gold Stock Down 14.3 %

The stock has a market cap of C$6.01 million, a PE ratio of -3.00 and a beta of 1.94. The business has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94.

Insiders Place Their Bets

In other Solstice Gold news, Director Blair Schultz purchased 11,000,000 shares of the stock in a transaction dated Friday, January 17th. The stock was purchased 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.

Further Reading

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