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

Solstice Gold Corp. (CVE:SGCGet Free Report) was up 25% during mid-day trading on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 100,550 shares traded 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 company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The stock has a fifty day moving average of C$0.04 and a 200-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.

Insider Buying and Selling

In related news, Director Blair Schultz purchased 180,000 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were purchased at an average price of C$3.50 per share, with a total value 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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