Steppe Gold (TSE:STGO) Stock Price Down 15.4% – What’s Next?

Steppe Gold Ltd. (TSE:STGOGet Free Report) was down 15.4% during mid-day trading on Friday . The stock traded as low as C$1.87 and last traded at C$1.93. Approximately 3,673,086 shares traded hands during mid-day trading, an increase of 993% from the average daily volume of 336,043 shares. The stock had previously closed at C$2.28.

Steppe Gold Stock Performance

The company has a debt-to-equity ratio of 152.25, a quick ratio of 0.10 and a current ratio of 1.19. The company’s 50 day moving average price is C$1.94 and its 200-day moving average price is C$1.46. The stock has a market cap of C$482.90 million, a P/E ratio of 14.92 and a beta of 1.30.

About Steppe Gold

(Get Free Report)

Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company’s projects include the Altan Tsagaan Ovoo Project (ATO Project) and Uudam Khundii property in Mongolia.

Further Reading

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