Solstice Gold (CVE:SGC) Stock Price Down 13% – Here’s Why
by Amy Steele · The Cerbat GemSolstice Gold Corp. (CVE:SGC – Get Free Report) dropped 13% during mid-day trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 187,733 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 369,554 shares. The stock had previously closed at C$0.12.
Solstice Gold Stock Performance
The stock’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.07. The firm has a market capitalization of C$25.31 million, a P/E ratio of -16.67 and a beta of 2.36. The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94.
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.