Scorpio Gold Co. (CVE:SGN – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.37 and traded as low as C$0.35. Scorpio Gold shares last traded at C$0.36, with a volume of 544,510 shares changing hands.
Scorpio Gold Price Performance
The company has a market cap of C$79.33 million, a price-to-earnings ratio of -2.22 and a beta of 2.33. The company has a current ratio of 0.09, a quick ratio of 0.39 and a debt-to-equity ratio of 14.76. The business has a 50-day moving average price of C$0.37 and a 200 day moving average price of C$0.29.
About Scorpio Gold
Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada.
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