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

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) rose 25% during trading on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 100,550 shares changed hands 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 Trading Up 25.0%

The stock has a market cap of C$10.01 million, a price-to-earnings ratio of -5.00 and a beta of 1.94. The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.03. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89.

Insider Buying and Selling

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