Steppe Gold (TSE:STGO) Shares Down 2.2% – Here’s Why

Steppe Gold Ltd. (TSE:STGOGet Free Report)’s share price traded down 2.2% during mid-day trading on Tuesday . The stock traded as low as C$1.70 and last traded at C$1.74. 187,691 shares changed hands during trading, a decline of 62% from the average daily volume of 488,273 shares. The stock had previously closed at C$1.78.

Steppe Gold Price Performance

The company has a 50-day moving average of C$1.45 and a 200-day moving average of C$1.43. The company has a debt-to-equity ratio of 107.77, a quick ratio of 0.10 and a current ratio of 1.69. The stock has a market cap of C$467.73 million, a price-to-earnings ratio of 13.21 and a beta of 1.43.

About Steppe Gold

(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.

Further Reading

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