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

Solstice Gold Corp. (CVE:SGC)’s stock price was down 24% during mid-day trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 668,783 shares were traded 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 Stock Down 24.0%

The business has a 50-day moving average price of C$0.08 and a 200 day moving average price of C$0.07. The company has a current ratio of 4.36, a quick ratio of 6.94 and a debt-to-equity ratio of 10.89. The stock has a market capitalization of C$24.04 million, a P/E ratio of -15.83 and a beta of 2.36.

About Solstice Gold

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.