Steppe Gold Ltd. (TSE:STGO – Get Free Report)’s stock price dropped 8.5% during mid-day trading on Tuesday . The stock traded as low as C$1.89 and last traded at C$1.93. Approximately 273,989 shares changed hands during trading, a decline of 62% from the average daily volume of 719,224 shares. The stock had previously closed at C$2.11.
Steppe Gold Trading Down 13.7%
The company has a quick ratio of 0.10, a current ratio of 1.19 and a debt-to-equity ratio of 152.25. The company has a market cap of C$460.15 million, a price-to-earnings ratio of 25.63 and a beta of 1.52. The firm has a 50 day moving average price of C$2.02 and a two-hundred day moving average price of C$1.88.
About Steppe Gold
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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