Solstice Gold Corp. (CVE:SGC – Get Free Report)’s stock price fell 14.3% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 240,734 shares changed hands 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 Price Performance
The business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. 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
In related news, Director Blair Schultz bought 11,000,000 shares of the stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average cost of C$0.01 per share, with a total value of C$110,000.00. 38.37% of the stock is owned by company insiders.
About Solstice Gold
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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