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

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price was down 14.3% during mid-day trading 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 Stock Performance

The stock has a market cap of C$6.01 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. 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 company has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

Insider Buying and Selling

In other news, Director Blair Schultz acquired 11,000,000 shares of Solstice Gold stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average price of C$0.01 per share, for a total transaction of C$110,000.00. 38.37% of the stock is owned by corporate insiders.

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.

Further Reading

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