Shares of Steppe Gold Ltd. (TSE:STGO – Get Free Report) were up 1.6% on Thursday . The company traded as high as C$0.63 and last traded at C$0.63. Approximately 79,277 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 136,896 shares. The stock had previously closed at C$0.62.
Steppe Gold Price Performance
The stock has a market cap of C$159.28 million, a price-to-earnings ratio of -4.85 and a beta of 1.24. 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 has a 50-day simple moving average of C$0.64 and a two-hundred day simple moving average of C$0.67.
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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