Steppe Gold Ltd. (TSE:STGO – Get Free Report) shares dropped 1.6% during trading on Tuesday . The stock traded as low as C$0.62 and last traded at C$0.63. Approximately 326,366 shares changed hands during trading, an increase of 179% from the average daily volume of 117,065 shares. The stock had previously closed at C$0.64.
Steppe Gold Stock Down 1.6 %
The firm’s 50-day moving average is C$0.75 and its two-hundred day moving average is C$0.67. The company has a debt-to-equity ratio of 224.67, a quick ratio of 0.10 and a current ratio of 1.57. The stock has a market cap of C$159.28 million, a P/E ratio of -4.85 and a beta of 1.24.
About Steppe Gold
Steppe Gold Ltd. acquires, explores for, develops, and operates precious metals in Mongolia and Peru. Its principal assets are the Altan Tsagaan Ovoo gold and silver project comprising one mining license covering an area of approximately 5,492.63 hectares located in the territory of Tsagaan Ovoo soum, Dornod province of Eastern Mongolia; the Uudam Khundii gold project comprising one exploration license covering an area of approximately 14,400 hectares located in Uudam Khundii, Bayankhongor Province; and the Tres Cruces Project located within the Department of La Libertad in north-central Peru.
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