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

Steppe Gold logo with Basic Materials background

Steppe Gold Ltd. (TSE:STGO - Get Free Report) shares traded up 1.6% during trading on Thursday . The company traded as high as C$0.63 and last traded at C$0.63. 79,277 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 136,896 shares. The stock had previously closed at C$0.62.

Steppe Gold Price Performance

The company has a market capitalization of C$159.28 million, a P/E ratio of -4.85 and a beta of 1.24. The company has a 50-day moving average of C$0.63 and a two-hundred day moving average of C$0.67. The company has a quick ratio of 0.10, a current ratio of 1.57 and a debt-to-equity ratio of 224.67.

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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