Solstice Gold (CVE:SGC) Shares Down 14.3% – Here’s What Happened

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price was down 14.3% during mid-day trading on Thursday . The company 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 company has a market cap of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. 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 firm has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

Insider Activity at Solstice Gold

In other news, Director Blair Schultz acquired 11,000,000 shares of the stock in a transaction on Friday, January 17th. The shares were purchased at an average price of C$0.01 per share, for a total transaction of C$110,000.00. 38.37% of the stock is currently owned by corporate insiders.

About Solstice Gold

(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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