Solstice Gold (CVE:SGC) Trading Down 13% – Here’s Why
by Jessica Moore · The Cerbat GemShares of Solstice Gold Corp. (CVE:SGC – Get Free Report) were down 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 were traded 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 company has a market cap of C$25.31 million, a price-to-earnings ratio of -16.67 and a beta of 2.36. The company has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average 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.
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.