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

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) were up 25% on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 100,550 shares changed 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 Performance

The firm has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.03. The stock 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 debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94.

Insider Buying and Selling

In other Solstice Gold news, Director Blair Schultz bought 180,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was 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 company insiders.

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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