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Steppe Gold (TSE:STGO) Sets New 12-Month High - Here's Why

Steppe Gold logo with Basic Materials background

Steppe Gold Ltd. (TSE:STGO - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.85 and last traded at C$0.83, with a volume of 105007 shares changing hands. The stock had previously closed at C$0.83.

Steppe Gold Price Performance

The firm's 50-day moving average price is C$0.70 and its 200-day moving average price is C$0.66. The company has a current ratio of 1.57, a quick ratio of 0.10 and a debt-to-equity ratio of 224.67. The stock has a market capitalization of C$207.32 million, a PE ratio of -6.31 and a beta of 1.24.

Steppe Gold Company Profile

(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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