Solstice Gold (CVE:SGC) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Solstice Gold Corp. (CVE:SGC)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.08 and traded as high as C$0.11. Solstice Gold shares last traded at C$0.11, with a volume of 52,500 shares trading hands.

Solstice Gold Stock Performance

The firm’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.08. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89. The stock has a market capitalization of C$26.58 million, a PE ratio of -17.50 and a beta of 2.82.

About Solstice Gold

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. was incorporated in 2017 and is headquartered in Vancouver, Canada.