Short Interest in Steppe Gold Ltd. (OTCMKTS:STPGF) Rises By 25.6%
by Renee Jackson · The Cerbat GemSteppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 55,000 shares, an increase of 25.6% from the February 13th total of 43,800 shares. Based on an average trading volume of 76,700 shares, the days-to-cover ratio is currently 0.7 days.
Steppe Gold Trading Up 4.9 %
Shares of STPGF stock traded up $0.02 during mid-day trading on Tuesday, hitting $0.52. 31,199 shares of the stock were exchanged, compared to its average volume of 26,302. Steppe Gold has a 52-week low of $0.39 and a 52-week high of $0.64. The firm has a fifty day moving average of $0.47 and a 200 day moving average of $0.49.
Steppe Gold Company Profile
Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru. Its flagship project is the 100% owned Altan Tsagaan Ovoo property covering an area of approximately 5,492 hectares located in Dornod, Mongolia. The company is headquartered in Ulaanbaatar, Mongolia.
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