Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report)’s share price fell 1.7% during trading on Monday . The company traded as low as $1.2660 and last traded at $1.27. Approximately 20,441 shares traded hands during trading, a decline of 60% from the average daily volume of 51,566 shares. The stock had previously closed at $1.2920.
Steppe Gold Stock Down 1.7%
The firm’s 50-day moving average price is $1.02 and its 200 day moving average price is $1.04.
About Steppe Gold
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 doré 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 doré bars, with commercial production achieved in late 2021.
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