Solstice Gold (CVE:SGC) Shares Down 24% – Here’s What Happened

by · The Markets Daily

Solstice Gold Corp. (CVE:SGC – Get Free Report)’s stock price dropped 24% during trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 668,783 shares changed hands during 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 Down 24.0%

The stock’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07. The firm has a market cap of C$24.04 million, a P/E ratio of -15.83 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.

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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