Solstice Gold (CVE:SGC) Stock Price Up 25% – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price 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 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 Stock Up 25.0%

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 stock’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.03. The company has a market cap of C$10.01 million, a price-to-earnings ratio of -5.00 and a beta of 1.94.

Insider Activity at Solstice Gold

In related news, Director Blair Schultz bought 180,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The shares were bought 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 corporate 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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