Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report) rose 5.8% during trading on Friday . The company traded as high as $1.10 and last traded at $1.09. Approximately 32,256 shares changed hands during trading, a decline of 38% from the average session volume of 51,858 shares. The stock had previously closed at $1.03.
Steppe Gold Stock Performance
The company’s fifty day moving average is $0.92 and its 200-day moving average is $1.08.
About Steppe Gold
Steppe Gold (OTCMKTS: STPGF) is a gold-focused mining and exploration company with principal operations in Mongolia. The company concentrates on the development, construction and operation of gold deposits, aiming to supply gold doré to regional refineries. Steppe Gold’s shares trade on the OTC Markets under the symbol STPGF.
The company’s flagship asset is the Altan Tsagaan Ovoo (ATO) mine, located in Mongolia’s Sukhbaatar province. ATO employs heap leaching and carbon-in-leach processing to produce doré bars, with commercial production achieved in late 2021.
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