Scorpio Gold Co. (
CVE:SGN -
Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.49 and last traded at C$0.49, with a volume of 1016830 shares traded. The stock had previously closed at C$0.42.
Scorpio Gold Stock Up 19.0%
The firm's 50-day simple moving average is C$0.26 and its 200-day simple moving average is C$0.18. The company has a market capitalization of C$110.68 million, a price-to-earnings ratio of -3.13 and a beta of 1.82. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.39 and a current ratio of 0.09.
Insider Activity
In related news, Director Peter Leofric Hathaway bought 1,500,000 shares of the company's stock in a transaction dated Wednesday, July 30th. The stock was acquired at an average cost of C$0.20 per share, with a total value of C$300,000.00. Insiders own 5.33% of the company's stock.
About Scorpio Gold
(
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.
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