Solstice Gold (CVE:SGC) Shares Down 13% – Here’s Why
by Teresa Graham · The Cerbat GemSolstice Gold Corp. (CVE:SGC – Get Free Report)’s stock price was down 13% during mid-day trading on Friday . The company 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 51% from the average daily volume of 380,124 shares. The stock had previously closed at C$0.12.
Solstice Gold Stock Down 13.0%
The stock has a 50 day moving average price of C$0.07 and a 200 day moving average price of 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 company 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.