Solstice Gold Corp. (CVE:SGC – Get Free Report)’s stock price dropped 14.3% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 556,300 shares were traded during trading, a decline of 20% from the average daily volume of 696,442 shares. The stock had previously closed at C$0.04.
Solstice Gold Stock Down 14.3 %
The company 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 is C$0.02 and its two-hundred day moving average is C$0.02. The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94.
Insiders Place Their Bets
In related news, Director Blair Schultz bought 11,000,000 shares of the stock in a transaction on Friday, January 17th. The shares were acquired at an average price of C$0.01 per share, for a total transaction of C$110,000.00. Corporate insiders own 38.37% of the company’s stock.
Solstice Gold Company Profile
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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