Steppe Gold (TSE:STGO) Trading Down 16.2% – Time to Sell?

by · The Cerbat Gem

Steppe Gold Ltd. (TSE:STGO – Get Free Report)’s share price was down 16.2% during mid-day trading on Friday . The stock traded as low as C$1.87 and last traded at C$1.91. Approximately 4,011,729 shares were traded during mid-day trading, an increase of 1,086% from the average daily volume of 338,147 shares. The stock had previously closed at C$2.28.

Steppe Gold Stock Down 16.2%

The company has a market capitalization of C$482.90 million, a price-to-earnings ratio of 14.92 and a beta of 1.30. The firm’s 50-day simple moving average is C$1.94 and its 200-day simple moving average is C$1.46. The company has a debt-to-equity ratio of 152.25, a quick ratio of 0.10 and a current ratio of 1.19.

Steppe Gold Company Profile

(Get Free Report)

Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company’s projects include the Altan Tsagaan Ovoo Project (ATO Project) and Uudam Khundii property in Mongolia.

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