Solstice Gold (CVE:SGC) Trading 25% Higher – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) traded up 25% during mid-day trading on Saturday . The company 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 Trading Up 25.0%

The company has a market cap of C$10.01 million, a PE 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 business has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03.

Insider Buying and Selling at Solstice Gold

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