Solstice Gold Corp. (CVE:SGC – Get Free Report)’s share price fell 14.3% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 306,500 shares were traded during trading, a decline of 55% from the average session volume of 686,542 shares. The stock had previously closed at C$0.04.
Solstice Gold Stock Performance
The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94. The stock has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The firm has a market capitalization of C$7.01 million, a PE ratio of -3.50 and a beta of 1.94.
Insiders Place Their Bets
In related news, Director Blair Schultz acquired 11,000,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was bought at an average cost of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is owned by company insiders.
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.
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