Steppe Gold (TSE:STGO) Trading Down 1.6% – Here’s Why

Steppe Gold Ltd. (TSE:STGOGet Free Report)’s stock price fell 1.6% on Tuesday . The stock traded as low as C$0.62 and last traded at C$0.63. 326,366 shares were traded during trading, an increase of 179% from the average session volume of 117,065 shares. The stock had previously closed at C$0.64.

Steppe Gold Price Performance

The company has a debt-to-equity ratio of 224.67, a quick ratio of 0.10 and a current ratio of 1.57. The company’s 50 day moving average price is C$0.75 and its 200-day moving average price is C$0.67. The company has a market cap of C$161.81 million, a price-to-earnings ratio of -4.85 and a beta of 1.24.

About Steppe Gold

(Get Free Report)

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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