Solstice Gold (CVE:SGC) Stock Price Down 14.3% – Time to Sell?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price traded down 14.3% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 306,500 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 693,342 shares. The stock had previously closed at C$0.04.

Solstice Gold Trading Down 14.3 %

The company has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The stock has a market capitalization of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89.

Insiders Place Their Bets

In other Solstice Gold news, Director Blair Schultz acquired 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. 38.37% of the stock is currently owned by corporate insiders.

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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