Solstice Gold (CVE:SGC) Trading 18.8% Higher – Here’s What Happened

Solstice Gold Corp. (CVE:SGC) shares were up 18.8% during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 184,000 shares changed hands during trading, a decline of 29% from the average daily volume of 260,933 shares. The stock had previously closed at C$0.08.

Solstice Gold Stock Performance

The firm’s 50-day moving average is C$0.10 and its 200 day moving average is C$0.08. The stock has a market cap of C$23.60 million, a PE ratio of -18.00 and a beta of 2.27. The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36.

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. was incorporated in 2017 and is headquartered in Vancouver, Canada.