Scorpio Gold (CVE:SGN) Shares Up 16.7% – Here’s What Happened

Scorpio Gold Co. (CVE:SGNGet Free Report)’s share price rose 16.7% on Monday . The company traded as high as C$0.35 and last traded at C$0.35. 393,307 shares traded hands during trading, a decline of 15% from the average session volume of 464,797 shares. The stock had previously closed at C$0.30.

Scorpio Gold Stock Performance

The firm has a market capitalization of C$101.49 million, a PE ratio of 16.75 and a beta of 3.67. The company has a current ratio of 4.63, a quick ratio of 0.39 and a debt-to-equity ratio of 2.32. The business’s 50 day simple moving average is C$0.28 and its two-hundred day simple moving average is C$0.36.

Scorpio Gold Company Profile

(Get Free Report)

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. The company is based in Vancouver, Canada.

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