Steppe Gold (TSE:STGO) Trading 5.8% Higher – Should You Buy?

Steppe Gold Ltd. (TSE:STGO) traded up 5.8% during trading on Tuesday . The company traded as high as C$1.27 and last traded at C$1.27. 512,614 shares were traded during trading, a decline of 1% from the average daily volume of 516,959 shares. The stock had previously closed at C$1.20.

Steppe Gold Stock Performance

The company has a market cap of C$313.51 million, a P/E ratio of 7.01 and a beta of 1.41. The company’s 50-day moving average is C$1.28 and its two-hundred day moving average is C$1.54. The company has a quick ratio of 0.10, a current ratio of 1.85 and a debt-to-equity ratio of 73.45.

Steppe Gold (TSE:STGO) last posted its quarterly earnings data on Wednesday, April 1st. The company reported C$0.05 earnings per share (EPS) for the quarter. The business had revenue of C$217.79 million during the quarter. Steppe Gold had a net margin of 16.43% and a return on equity of 32.00%. Equities analysts predict that Steppe Gold Ltd. will post 0.2892308 EPS for the current year.

Steppe Gold Company Profile

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.