Steppe Gold (TSE:STGO) Stock Price Down 16.2% – Here’s What Happened

by · The Markets Daily

Steppe Gold Ltd. (TSE:STGO – Get Free Report) shares dropped 16.2% during mid-day trading on Friday . The company traded as low as C$1.87 and last traded at C$1.91. Approximately 4,011,729 shares changed hands 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 Price Performance

The company has a debt-to-equity ratio of 152.25, a quick ratio of 0.10 and a current ratio of 1.19. The stock’s fifty day moving average price is C$1.94 and its 200-day moving average price is C$1.47. The firm has a market cap of C$482.90 million, a PE ratio of 14.92 and a beta of 1.30.

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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