Solstice Gold (CVE:SGC) Trading Down 14.3% – Time to Sell?

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

Solstice Gold Trading Down 14.3 %

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. The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94. The business’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02.

Insider Buying and Selling at Solstice Gold

In other news, Director Blair Schultz acquired 11,000,000 shares of Solstice Gold stock in a transaction on Friday, January 17th. The shares were purchased 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.

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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