Steppe Gold (TSE:STGO) Releases Earnings Results

Steppe Gold (TSE:STGO) issued its quarterly earnings data on Friday. The company reported C$0.08 earnings per share for the quarter, RTT News reports. Steppe Gold had a return on equity of 25.27% and a net margin of 12.88%.During the same period in the previous year, the firm earned $0.03 earnings per share.

Steppe Gold Trading Down 8.6%

Shares of TSE STGO traded down C$0.12 during trading on Friday, reaching C$1.28. The stock had a trading volume of 962,422 shares, compared to its average volume of 570,984. Steppe Gold has a fifty-two week low of C$0.83 and a fifty-two week high of C$2.43. The company has a debt-to-equity ratio of 90.61, a quick ratio of 0.10 and a current ratio of 1.98. The business’s 50-day moving average price is C$1.39 and its 200-day moving average price is C$1.77. The company has a market cap of C$323.62 million, a P/E ratio of 10.08 and a beta of 1.48.

About Steppe Gold

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.