Steppe Gold (TSE:STGO) Shares Down 4.8%

Steppe Gold Ltd. (TSE:STGO) shares were down 4.8% on Thursday . The stock traded as low as C$0.59 and last traded at C$0.59. Approximately 146,717 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 120,461 shares. The stock had previously closed at C$0.62.

Steppe Gold Stock Performance

The company’s fifty day moving average price is C$0.69 and its two-hundred day moving average price is C$0.71. The company has a current ratio of 1.21, a quick ratio of 0.10 and a debt-to-equity ratio of 65.59. The firm has a market cap of C$63.76 million, a P/E ratio of 2.44 and a beta of 1.15.

Steppe Gold Company Profile

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.