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Solstice Gold tumbled 24% to C$0.10 on heavy volume, hitting its lowest since 2024 with no stated cause.
Solstice Gold (CVE:SGC) dropped 24% on Tuesday, closing at C$0.10, its lowest level since at least 2024, on increased trading volume of 668,783 shares—30% above average.
The Vancouver-based company, which explores gold and lithium in Ontario and Nunavut, has a market cap of C$24.04 million, a negative P/E ratio of -15.83, and a high beta of 2.36, indicating elevated volatility.
Its 50-day and 200-day moving averages are C$0.08 and C$0.07, respectively, with a debt-to-equity ratio of 10.89.
The stock’s decline followed a prior close of C$0.13, but no specific reason for the drop was provided.
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Solstice Gold cayó un 24% a C $ 0.10 en volumen pesado, alcanzando su nivel más bajo desde 2024 sin causa indicada.