Steppe Gold (TSE:STGO) Hits New 12-Month High – What’s Next?

Shares of Steppe Gold Ltd. (TSE:STGOGet Free Report) hit a new 52-week high on Friday . The company traded as high as C$2.18 and last traded at C$2.10, with a volume of 845345 shares changing hands. The stock had previously closed at C$1.91.

Steppe Gold Stock Up 6.8%

The firm has a market capitalization of C$515.77 million, a PE ratio of 15.94 and a beta of 1.27. The firm’s 50-day moving average is C$1.76 and its 200 day moving average is C$1.33. The company has a debt-to-equity ratio of 152.25, a quick ratio of 0.10 and a current ratio of 1.19.

About Steppe Gold

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Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company’s projects include the Altan Tsagaan Ovoo Project (ATO Project) and Uudam Khundii property in Mongolia.

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