Solstice Gold (CVE:SGC) Stock Price Down 13% – What’s Next?
by Renee Jackson · The Cerbat GemSolstice Gold Corp. (CVE:SGC – Get Free Report) shares dropped 13% on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 187,733 shares traded hands during trading, a decline of 51% from the average daily volume of 380,124 shares. The stock had previously closed at C$0.12.
Solstice Gold Price Performance
The stock’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The company has a debt-to-equity ratio of 10.89, a quick ratio of 6.94 and a current ratio of 4.36. The firm has a market capitalization of C$25.31 million, a P/E ratio of -16.67 and a beta of 2.36.
Solstice Gold Company Profile
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.