Steppe Gold Ltd. (TSE:STGO – Get Free Report)’s share price shot up 7.4% during mid-day trading on Friday . The stock traded as high as C$0.74 and last traded at C$0.73. 269,288 shares were traded during mid-day trading, an increase of 137% from the average session volume of 113,619 shares. The stock had previously closed at C$0.68.
Steppe Gold Stock Up 7.4 %
The firm has a market capitalization of C$182.74 million, a PE ratio of -5.62 and a beta of 1.24. The firm’s 50 day moving average price is C$0.64 and its two-hundred day moving average price is C$0.65. The company has a quick ratio of 0.10, a current ratio of 1.57 and a debt-to-equity ratio of 224.67.
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.
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