Solstice Gold (CVE:SGC) Shares Down 24% – Here’s What Happened

Solstice Gold Corp. (CVE:SGCGet Free Report) fell 24% during trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10. 668,783 shares were traded 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 Stock Down 24.0%

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

Solstice Gold Company Profile

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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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