Solstice Gold (CVE:SGC) Shares Up 100% – Should You Buy?

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

Solstice Gold Price Performance

The company has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of 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 company has a market capitalization of C$7.01 million, a price-to-earnings ratio of -3.50 and a beta of 1.94.

Insider Activity at Solstice Gold

In related news, Director Blair Schultz bought 11,000,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average cost of C$0.01 per share, for a total transaction of C$110,000.00. Insiders own 38.37% of the company’s stock.

About Solstice Gold

(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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