Solstice Gold (CVE:SGC) Stock Price Up 25% – Should You Buy?

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

Solstice Gold Price Performance

The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89. The company has a market capitalization of C$10.01 million, a P/E ratio of -5.00 and a beta of 1.94. The business’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.03.

Insider Transactions at Solstice Gold

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