Scorpio Gold (CVE:SGN) Reaches New 1-Year Low – Should You Sell?

Scorpio Gold Co. (CVE:SGN)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 62760 shares trading hands. The stock had previously closed at C$0.10.

Scorpio Gold Price Performance

The firm’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.14. The company has a market cap of C$12.04 million, a P/E ratio of -1.38 and a beta of 1.22. The company has a debt-to-equity ratio of 53.01, a quick ratio of 0.39 and a current ratio of 0.21.

Scorpio Gold Company Profile

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada.