Steppe Gold Ltd. (OTCMKTS:STPGF) Short Interest Update

Steppe Gold Ltd. (OTCMKTS:STPGF) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 19,800 shares, a decline of 63.4% from the May 31st total of 54,100 shares. Based on an average trading volume of 30,000 shares, the days-to-cover ratio is presently 0.7 days.

Steppe Gold Price Performance

STPGF opened at $0.44 on Friday. Steppe Gold has a 12 month low of $0.40 and a 12 month high of $0.66. The firm’s fifty day simple moving average is $0.46 and its 200 day simple moving average is $0.50.

About Steppe Gold

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.