Solstice Gold (CVE:SGC) Trading Up 33.3% – Time to Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price rose 33.3% on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 681,125 shares traded hands during trading, an increase of 7% from the average daily volume of 636,059 shares. The stock had previously closed at C$0.03.

Solstice Gold Trading Up 33.3 %

The firm has a market capitalization of C$8.01 million, a PE ratio of -4.00 and a beta of 1.94. The firm has a fifty day moving average of C$0.02 and a 200 day 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.

Insider Activity

In related news, Director Blair Schultz acquired 11,000,000 shares of the 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.

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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