Steppe Gold (OTCMKTS:STPGF) Stock Price Down 4.4% – Time to Sell?

Steppe Gold Ltd. (OTCMKTS:STPGFGet Free Report)’s share price fell 4.4% during mid-day trading on Friday . The company traded as low as $0.8450 and last traded at $0.8450. 182,435 shares changed hands during mid-day trading, an increase of 201% from the average session volume of 60,561 shares. The stock had previously closed at $0.8840.

Steppe Gold Stock Down 4.4%

The stock’s 50 day moving average price is $0.99 and its 200-day moving average price is $1.26.

Steppe Gold Company Profile

(Get Free Report)

Steppe Gold (OTCMKTS: STPGF) is a gold-focused mining and exploration company with principal operations in Mongolia. The company concentrates on the development, construction and operation of gold deposits, aiming to supply gold doré to regional refineries. Steppe Gold’s shares trade on the OTC Markets under the symbol STPGF.

The company’s flagship asset is the Altan Tsagaan Ovoo (ATO) mine, located in Mongolia’s Sukhbaatar province. ATO employs heap leaching and carbon-in-leach processing to produce doré bars, with commercial production achieved in late 2021.

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