Scorpio Gold (CVE:SGN) Hits New 52-Week High – Time to Buy?

Scorpio Gold Co. (CVE:SGNGet Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$0.23 and last traded at C$0.23, with a volume of 204970 shares traded. The stock had previously closed at C$0.20.

Scorpio Gold Trading Up 10.3%

The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.39 and a current ratio of 0.09. The stock has a market cap of C$20.68 million, a price-to-earnings ratio of -7.03 and a beta of 1.22. The company’s 50 day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.12.

About Scorpio Gold

(Get Free Report)

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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