Solstice Gold (CVE:SGC) Trading Down 24% – Here’s Why

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price dropped 24% during mid-day trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 668,783 shares traded hands during mid-day trading, an increase of 30% from the average daily volume of 514,388 shares. The stock had previously closed at C$0.13.

Solstice Gold Stock 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 market cap of C$24.04 million, a price-to-earnings ratio of -15.83 and a beta of 2.36. The firm’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.07.

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

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