Solstice Gold (CVE:SGC) Trading Down 24% – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price dropped 24% during mid-day trading on Tuesday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 668,783 shares traded hands during mid-day 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 Price Performance

The business’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.07. 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 stock has a market cap of C$24.04 million, a P/E ratio of -15.83 and a beta of 2.36.

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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