Solstice Gold (CVE:SGC) Shares Down 14.3% – Here’s What Happened

Shares of Solstice Gold Corp. (CVE:SGCGet Free Report) traded down 14.3% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. 240,734 shares were traded during trading, a decline of 68% from the average session volume of 751,424 shares. The stock had previously closed at C$0.04.

Solstice Gold Stock Down 14.3 %

The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89. The company has a market capitalization of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94.

Insider Transactions 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 bought 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.

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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