Solstice Gold (CVE:SGC) Shares Down 13% – What’s Next?

Solstice Gold Corp. (CVE:SGC)’s share price was down 13% during trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 187,733 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 380,124 shares. The stock had previously closed at C$0.12.

Solstice Gold Stock Performance

The firm has a market capitalization of C$25.31 million, a P/E ratio of -16.67 and a beta of 2.36. The firm 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 debt-to-equity ratio of 10.89, a current ratio of 4.36 and a quick ratio of 6.94.

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.