Solstice Gold (CVE:SGC) Trading Down 21.4% – Time to Sell?

Solstice Gold Corp. (CVE:SGC)’s stock price dropped 21.4% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 489,487 shares were traded during mid-day trading, an increase of 76% from the average daily volume of 277,768 shares. The stock had previously closed at C$0.07.

Solstice Gold Price Performance

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 business’s 50 day moving average price is C$0.10 and its two-hundred day moving average price is C$0.08. The stock has a market cap of C$14.42 million, a P/E ratio of -11.00 and a beta of 2.27.

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. was incorporated in 2017 and is headquartered in Vancouver, Canada.