Solstice Gold (CVE:SGC) Stock Price Up 25% – Time to Buy?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) rose 25% during mid-day trading on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 100,550 shares traded 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 firm has a market cap of C$10.01 million, a price-to-earnings ratio of -5.00 and a beta of 1.94. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The firm has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.03.

Insider Activity at Solstice Gold

In other news, Director Blair Schultz bought 180,000 shares of Solstice Gold 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 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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