Solstice Gold (CVE:SGC) Stock Passes Above 200-Day Moving Average – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.03 and traded as high as C$0.04. Solstice Gold shares last traded at C$0.04, with a volume of 125,000 shares.

Solstice Gold Trading Up 14.3%

The firm’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.03. 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$8.01 million, a P/E ratio of -4.00 and a beta of 1.94.

Insider Transactions at Solstice Gold

In other news, Director Blair Schultz purchased 180,000 shares of the company’s stock in a transaction dated Tuesday, April 1st. The shares were purchased at an average cost of C$3.50 per share, for a total transaction of C$630,000.00. Company insiders own 38.37% of the company’s stock.

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.

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