Solstice Gold (CVE:SGC) Shares Up 25% – What’s Next?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) shot up 25% on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. 100,550 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 246,082 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Up 25.0%

The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36. The stock has a market capitalization of C$10.01 million, a PE ratio of -5.00 and a beta of 1.94. The business has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.03.

Insider Buying and Selling

In related news, Director Blair Schultz acquired 180,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was purchased at an average cost of C$3.50 per share, for a total transaction of C$630,000.00. 38.37% of the stock is currently owned by company 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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