Solstice Gold (CVE:SGC) Trading 25% Higher – Time to Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares were up 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 were traded during mid-day 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 debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36. The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.03. The firm has a market capitalization of C$10.01 million, a price-to-earnings ratio of -5.00 and a beta of 1.94.

Insider Buying and Selling

In related news, Director Blair Schultz purchased 180,000 shares of the company’s stock in a transaction on Tuesday, April 1st. The stock was bought 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 currently 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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