Solstice Gold (CVE:SGC) Reaches New 52-Week Low – Time to Sell?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 135622 shares changing hands. The stock had previously closed at C$0.05.

Solstice Gold Stock Down 10.0%

The company has a debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94. The company has a market capitalization of C$11.81 million, a price-to-earnings ratio of -5.00 and a beta of 2.11. The firm has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.08.

About Solstice Gold

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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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