Solstice Gold (CVE:SGC) Shares Up 100% – Here’s Why

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) were up 100% during mid-day trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 5,090,426 shares changed hands during trading, an increase of 566% from the average daily volume of 763,887 shares. The stock had previously closed at C$0.02.

Solstice Gold Price 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 market cap of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94. The company’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02.

Insider Buying and Selling

In other news, Director Blair Schultz acquired 11,000,000 shares of Solstice Gold stock in a transaction dated Friday, January 17th. The shares were bought at an average cost of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is owned by corporate 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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