Solstice Gold (CVE:SGC) Stock Price Up 25% – Still a Buy?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s stock price shot up 25% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 100,550 shares were traded during trading, a decline of 59% from the average session volume of 246,082 shares. The stock had previously closed at C$0.04.

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 stock has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03. The stock has a market cap of C$10.01 million, a price-to-earnings ratio of -5.00 and a beta of 1.94.

Insider Activity

In related news, Director Blair Schultz acquired 180,000 shares of the company’s stock in a transaction dated Tuesday, April 1st. The shares were bought at an average price of C$3.50 per share, for a total transaction of C$630,000.00. 38.37% of the stock is owned by company insiders.

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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