Steppe Gold (OTCMKTS:STPGF) Stock Falls 0.9% – What’s Next?

Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report) was down 0.9% during trading on Tuesday. The stock traded as low as $1.0890 and last traded at $1.11. Approximately 9,650 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 46,843 shares. The stock had previously closed at $1.12.

Steppe Gold Price Performance

The company’s 50-day moving average is $1.22 and its two-hundred day moving average is $1.05.

Steppe Gold Company Profile

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Steppe Gold Ltd. is a Mongolia-focused precious metals company engaged in the exploration, development and production of gold. The company’s principal asset is the ATO Gold Mine, an open-pit, heap-leach operation in Dornod Province in eastern Mongolia. ATO produced its first gold in 2020 and generates gold doré for sale.

Steppe Gold has pursued expansion of the ATO project through additional mining and processing phases intended to extend production and improve the operation’s overall scale.

Further Reading

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