Steppe Gold (OTCMKTS:STPGF) Shares Up 6.6% – What’s Next?

Steppe Gold Ltd. (OTCMKTS:STPGFGet Free Report) shares rose 6.6% on Monday . The company traded as high as $1.10 and last traded at $1.0580. 21,856 shares were traded during trading, a decline of 63% from the average daily volume of 59,051 shares. The stock had previously closed at $0.9926.

Steppe Gold Trading Down 0.9%

The business’s fifty day moving average price is $0.97 and its two-hundred day moving average price is $1.20.

About Steppe Gold

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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 dorĂ© 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 dorĂ© bars, with commercial production achieved in late 2021.

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