Solstice Gold (CVE:SGC) Shares Down 14.3% – Should You Sell?

Shares of Solstice Gold Corp. (CVE:SGC) were down 14.3% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares traded hands during mid-day 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 Performance

The company has a market capitalization of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94. The stock’s fifty day moving average price is C$0.02 and its 200-day moving average price 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 Buying and Selling at Solstice Gold

In related news, Director Blair Schultz bought 11,000,000 shares of Solstice Gold stock in a transaction that occurred 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. Corporate insiders own 38.37% of the company’s stock.

Solstice Gold Company Profile

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.