Steppe Gold (TSE:STGO) Announces Quarterly Earnings Results

Steppe Gold (TSE:STGOGet Free Report) released its earnings results on Friday. The company reported C$0.08 EPS 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 quarter in the previous year, the business posted $0.03 earnings per share.

Steppe Gold Stock Down 8.6%

STGO traded down C$0.12 on Friday, hitting C$1.28. 962,422 shares of the company were exchanged, compared to its average volume of 570,984. Steppe Gold has a twelve month low of C$0.83 and a twelve month high of C$2.43. The company has a market cap of C$323.62 million, a price-to-earnings ratio of 10.08 and a beta of 1.48. The company has a current ratio of 1.98, a quick ratio of 0.10 and a debt-to-equity ratio of 90.61. The firm has a 50-day moving average price of C$1.39 and a two-hundred day moving average price of C$1.77.

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.

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