Solstice Gold (CVE:SGC) Stock Price Up 33.3% – Should You Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report) rose 33.3% during mid-day trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 681,125 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 636,059 shares. The stock had previously closed at C$0.03.

Solstice Gold Stock Up 33.3 %

The business has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. 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 company has a market capitalization of C$8.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.94.

Insiders Place Their Bets

In related news, Director Blair Schultz bought 11,000,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average cost of C$0.01 per share, with a total value of C$110,000.00. Insiders own 38.37% of the company’s stock.

Solstice Gold Company Profile

(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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