Solstice Gold (CVE:SGC) Trading Up 100% – Still a Buy?

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) rose 100% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 4,411,526 shares changed hands during mid-day trading, an increase of 553% from the average daily volume of 675,899 shares. The stock had previously closed at C$0.02.

Solstice Gold Price Performance

The firm’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36. The firm has a market cap of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94.

Insider Transactions at Solstice Gold

In other news, Director Blair Schultz acquired 11,000,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were acquired at an average price of C$0.01 per share, with a total value of C$110,000.00. 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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