Solstice Gold (CVE:SGC) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.02 and traded as high as C$0.04. Solstice Gold shares last traded at C$0.04, with a volume of 155,000 shares traded.

Solstice Gold Stock Up 14.3 %

The firm has a market capitalization of C$8.01 million, a PE ratio of -4.00 and a beta of 1.94. The company has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of 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.

Insiders Place Their Bets

In related news, Director Blair Schultz acquired 11,000,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average cost of C$0.01 per share, for a total transaction 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.

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