Solstice Gold (CVE:SGC) Trading Down 24% – Time to Sell?

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

Solstice Gold Price Performance

The firm has a fifty day moving average price of C$0.08 and a two-hundred day moving average price of C$0.07. 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 stock has a market capitalization of C$24.04 million, a P/E ratio of -15.83 and a beta of 2.36.

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

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