Scorpio Gold (CVE:SGN) Share Price Passes Below 50-Day Moving Average of $0.24

Scorpio Gold Co. (CVE:SGNGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.24 and traded as low as C$0.24. Scorpio Gold shares last traded at C$0.24, with a volume of 12,500 shares changing hands.

Scorpio Gold Price Performance

The business’s 50-day moving average price is C$0.24 and its 200 day moving average price is C$0.15. The stock has a market capitalization of C$20.71 million, a PE ratio of -1.26 and a beta of 1.19. The company has a debt-to-equity ratio of 141.74, a quick ratio of 0.39 and a current ratio of 0.18.

About Scorpio Gold

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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.

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