Steppe Gold Ltd. (TSE:STGO - Get Free Report) shares were up 1.6% on Tuesday . The stock traded as high as C$0.64 and last traded at C$0.62. Approximately 52,520 shares changed hands during trading, a decline of 56% from the average daily volume of 118,038 shares. The stock had previously closed at C$0.61.
The company has a quick ratio of 0.10, a current ratio of 1.57 and a debt-to-equity ratio of 224.67. The stock has a market capitalization of C$156.75 million, a price-to-earnings ratio of -4.77 and a beta of 1.24. The business's 50 day simple moving average is C$0.71 and its 200-day simple moving average is C$0.67.
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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