Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 483,405 shares, an increase of 79.7% from the June 15th total of 269,044 shares. Based on an average daily trading volume, of 36,805 shares, the short-interest ratio is currently 13.1 days.
Steppe Gold Stock Performance
Shares of STPGF stock opened at $0.84 on Friday. The firm’s 50 day moving average price is $0.93 and its 200-day moving average price is $1.13. Steppe Gold has a one year low of $0.80 and a one year high of $1.80.
About Steppe Gold
Steppe Gold (OTCMKTS: STPGF) is a gold-focused mining and exploration company with principal operations in Mongolia. The company concentrates on the development, construction and operation of gold deposits, aiming to supply gold doré to regional refineries. Steppe Gold’s shares trade on the OTC Markets under the symbol STPGF.
The company’s flagship asset is the Altan Tsagaan Ovoo (ATO) mine, located in Mongolia’s Sukhbaatar province. ATO employs heap leaching and carbon-in-leach processing to produce doré bars, with commercial production achieved in late 2021.
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