Steppe Gold (TSE:STGO) Trading 2.3% Higher – Should You Buy?

Shares of Steppe Gold Ltd. (TSE:STGOGet Free Report) shot up 2.3% during mid-day trading on Friday . The stock traded as high as C$1.36 and last traded at C$1.31. Approximately 174,103 shares changed hands during trading, a decline of 68% from the average daily volume of 540,286 shares. The stock had previously closed at C$1.28.

Steppe Gold Price Performance

The company has a current ratio of 1.85, a quick ratio of 0.10 and a debt-to-equity ratio of 106.51. The business’s fifty day moving average is C$1.32 and its 200 day moving average is C$1.62. The company has a market cap of C$331.20 million, a P/E ratio of 7.40 and a beta of 1.41.

Steppe Gold (TSE:STGOGet Free Report) last announced its quarterly earnings data on Wednesday, April 1st. The company reported C$0.05 earnings per share for the quarter. Steppe Gold had a return on equity of 32.00% and a net margin of 16.43%.The business had revenue of C$217.79 million during the quarter. As a group, sell-side analysts anticipate that Steppe Gold Ltd. will post 0.2892308 EPS for the current year.

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.

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