Solstice Gold Corp. (CVE:SGC – Get Free Report) shares shot up 33.3% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 681,125 shares were traded during mid-day trading, an increase of 7% from the average session volume of 636,059 shares. The stock had previously closed at C$0.03.
Solstice Gold Trading Up 33.3 %
The firm has a market cap of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94. The firm’s 50-day moving average is C$0.02 and its 200-day moving average is 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.
Insider Activity
In related news, Director Blair Schultz purchased 11,000,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was acquired at an average cost 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
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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