Solstice Gold (CVE:SGC) Shares Down 14.3% – Should You Sell?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price was down 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 240,734 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Performance

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

Insider Activity at Solstice Gold

In other Solstice Gold news, Director Blair Schultz purchased 11,000,000 shares of the company’s stock in a transaction that occurred on 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. 38.37% of the stock is currently owned by 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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