Solstice Gold (CVE:SGC) Shares Down 24% – Should You Sell?

Solstice Gold Corp. (CVE:SGC)’s stock price fell 24% during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. 668,783 shares changed hands during mid-day trading, an increase of 30% from the average session volume of 514,388 shares. The stock had previously closed at C$0.13.

Solstice Gold Price Performance

The stock has a market cap of C$25.31 million, a price-to-earnings ratio of -16.67 and a beta of 2.36. 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 firm’s 50 day moving average is C$0.08 and its two-hundred day moving average is C$0.07.

Solstice Gold Company Profile

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.