Scorpio Gold (CVE:SGN) Hits New 12-Month Low – Here’s What Happened

Scorpio Gold Co. (CVE:SGNGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 71626 shares trading hands. The stock had previously closed at C$0.10.

Scorpio Gold Stock Performance

The company’s fifty day moving average is C$0.11 and its 200-day moving average is C$0.13. The company has a market capitalization of C$10.39 million, a PE ratio of -1.19 and a beta of 1.22. The company has a debt-to-equity ratio of 53.01, a current ratio of 0.21 and a quick ratio of 0.39.

Scorpio Gold Company Profile

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Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada.

Further Reading

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