Solstice Gold (CVE:SGC) Stock Price Up 100% – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report) shares shot up 100% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 5,090,426 shares traded hands during 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 Stock Performance

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 market capitalization of C$6.01 million, a P/E ratio of -3.00 and a beta of 1.94. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89.

Insider Transactions at Solstice Gold

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