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Solstice Gold shares surged 43.8% to C$0.12 on heavy volume, with no public reason given.
Solstice Gold (CVE:SGC) shares jumped 43.8% on Wednesday, closing at C$0.12 after reaching an intraday high of the same level, up from C$0.08 the prior day, on higher-than-average trading volume of 634,243 shares.
The Vancouver-based company, which explores for gold and lithium in Ontario and Nunavut, has a market cap of C$29.11 million and a negative P/E ratio of -19.17, reflecting no earnings.
Its 50-day and 200-day moving averages are both C$0.07, and it has a beta of 2.36, indicating higher volatility.
The surge occurred without a disclosed catalyst, and the company remains in the exploration phase.
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Las acciones de Solstice Gold aumentaron un 43.8% a C $ 0.12 en un gran volumen, sin ninguna razón pública dada.