Shares of Steppe Gold Ltd. (TSE:STGO – Get Free Report) shot up 1.6% during mid-day trading on Thursday . The stock traded as high as C$0.63 and last traded at C$0.63. 79,277 shares were traded during trading, a decline of 42% from the average session volume of 136,896 shares. The stock had previously closed at C$0.62.
Steppe Gold Trading Up 1.6 %
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 business’s fifty day moving average is C$0.64 and its 200 day moving average is C$0.67. The firm has a market capitalization of C$159.28 million, a price-to-earnings ratio of -4.85 and a beta of 1.24.
About Steppe Gold
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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