Solstice Gold (CVE:SGC) Trading Up 25% – Here’s What Happened

Solstice Gold Corp. (CVE:SGCGet Free Report) was up 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 were traded 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 Price Performance

The firm has a market capitalization of C$10.01 million, a P/E 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’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.03.

Insiders Place Their Bets

In other Solstice Gold news, Director Blair Schultz purchased 180,000 shares of the firm’s stock in a transaction dated 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. Corporate insiders own 38.37% of the company’s stock.

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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