Steppe Gold (TSE:STGO) Shares Down 8% – Here’s What Happened

Steppe Gold Ltd. (TSE:STGOGet Free Report)’s stock price fell 8% during mid-day trading on Wednesday . The company traded as low as C$1.26 and last traded at C$1.26. 1,296,616 shares changed hands during trading, an increase of 75% from the average session volume of 739,772 shares. The stock had previously closed at C$1.37.

Steppe Gold Price Performance

The company’s fifty day moving average is C$1.90 and its 200 day moving average is C$1.90. The company has a quick ratio of 0.10, a current ratio of 2.80 and a debt-to-equity ratio of 123.90. The stock has a market cap of C$318.56 million, a PE ratio of 17.75 and a beta of 1.08.

Steppe Gold Company Profile

(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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