Steppe Gold (TSE:STGO) Shares Down 16.2% – Here’s What Happened

Shares of Steppe Gold Ltd. (TSE:STGOGet Free Report) were down 16.2% on Friday . The company traded as low as C$1.87 and last traded at C$1.91. Approximately 4,011,729 shares were traded during mid-day trading, an increase of 1,086% from the average daily volume of 338,147 shares. The stock had previously closed at C$2.28.

Steppe Gold Stock Down 16.2%

The company has a market cap of C$482.90 million, a P/E ratio of 14.92 and a beta of 1.30. The firm’s 50 day moving average price is C$1.94 and its two-hundred day moving average price is C$1.47. The company has a debt-to-equity ratio of 152.25, a quick ratio of 0.10 and a current ratio of 1.19.

Steppe Gold Company Profile

(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.

Read More

Receive News & Ratings for Steppe Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steppe Gold and related companies with MarketBeat.com's FREE daily email newsletter.