Steppe Gold (TSE:STGO) Trading Down 16.2% – Time to Sell?
by Mitch Edgeman · The Markets DailySteppe Gold Ltd. (TSE:STGO – Get Free Report) shares traded down 16.2% during trading on Saturday . The stock traded as low as C$1.87 and last traded at C$1.91. 4,011,729 shares traded hands during mid-day trading, an increase of 1,086% from the average session volume of 338,147 shares. The stock had previously closed at C$2.28.
Steppe Gold Stock Down 16.2%
The firm 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 has a fifty day moving average price of C$1.94 and a 200 day moving average price of C$1.47. The company has a current ratio of 1.19, a quick ratio of 0.10 and a debt-to-equity ratio of 152.25.
Steppe Gold Company Profile
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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