Solstice Gold (CVE:SGC) Trading 25% Higher – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares shot up 25% during trading on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. 100,550 shares were traded during 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 price-to-earnings ratio of -5.00 and a beta of 1.94. The company’s fifty day moving average price is C$0.04 and its two-hundred day moving average price 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 Transactions at Solstice Gold

In other news, Director Blair Schultz acquired 180,000 shares of the company’s stock in a transaction dated 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. Company insiders own 38.37% of the company’s stock.

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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