Solstice Gold (CVE:SGC) Stock Price Down 24% – Here’s Why

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

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. The firm’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.07.

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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