Steppe Gold Ltd. (TSE:STGO – Get Free Report) shares were up 7.4% during mid-day trading on Friday . The stock traded as high as C$0.74 and last traded at C$0.73. Approximately 269,288 shares traded hands during mid-day trading, an increase of 137% from the average daily volume of 113,619 shares. The stock had previously closed at C$0.68.
Steppe Gold Price Performance
The company has a quick ratio of 0.10, a current ratio of 1.57 and a debt-to-equity ratio of 224.67. The company has a market cap of C$182.74 million, a price-to-earnings ratio of -5.62 and a beta of 1.24. The stock’s 50-day simple moving average is C$0.64 and its 200 day simple moving average is C$0.65.
Steppe Gold Company Profile
Steppe Gold Ltd. acquires, explores for, develops, and operates precious metals in Mongolia and Peru. Its principal assets are the Altan Tsagaan Ovoo gold and silver project comprising one mining license covering an area of approximately 5,492.63 hectares located in the territory of Tsagaan Ovoo soum, Dornod province of Eastern Mongolia; the Uudam Khundii gold project comprising one exploration license covering an area of approximately 14,400 hectares located in Uudam Khundii, Bayankhongor Province; and the Tres Cruces Project located within the Department of La Libertad in north-central Peru.
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