Solstice Gold (CVE:SGC) Stock Price Down 17.4% – What’s Next?

Solstice Gold Corp. (CVE:SGCGet Free Report)’s share price dropped 17.4% during trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 108,381 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 363,954 shares. The stock had previously closed at C$0.12.

Solstice Gold Price Performance

The business has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07. The company has a quick ratio of 6.94, a current ratio of 4.36 and a debt-to-equity ratio of 10.89. The company has a market capitalization of C$25.31 million, a price-to-earnings ratio of -16.67 and a beta of 2.36.

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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