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Steppe Gold (TSE:STGO) Shares Up 1.6% - Should You Buy?

Steppe Gold logo with Basic Materials background

Steppe Gold Ltd. (TSE:STGO - Get Free Report)'s stock price was up 1.6% during trading on Tuesday . The company traded as high as C$0.64 and last traded at C$0.62. Approximately 52,520 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 118,038 shares. The stock had previously closed at C$0.61.

Steppe Gold Stock Performance

The business's fifty day moving average price is C$0.70 and its two-hundred day moving average price is C$0.67. The company has a debt-to-equity ratio of 224.67, a quick ratio of 0.10 and a current ratio of 1.57. The stock has a market capitalization of C$156.75 million, a P/E ratio of -4.77 and a beta of 1.24.

About Steppe Gold

(Get Free Report)

Steppe Gold Ltd. acquires, explores for, develops, and operates precious metals in Mongolia and Peru. Its principal assets are the Altan Tsagaan Ovoo gold and silver project comprising one mining license covering an area of approximately 5,492.63 hectares located in the territory of Tsagaan Ovoo soum, Dornod province of Eastern Mongolia; the Uudam Khundii gold project comprising one exploration license covering an area of approximately 14,400 hectares located in Uudam Khundii, Bayankhongor Province; and the Tres Cruces Project located within the Department of La Libertad in north-central Peru.

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