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Steppe Gold (TSE:STGO) Hits New 1-Year High - Should You Buy?

Steppe Gold logo with Basic Materials background

Key Points

  • Steppe Gold Ltd. reached a new 52-week high of C$1.49, showing significant recent trading activity with 279,628 shares exchanged on this day.
  • The company holds a market capitalization of C$269.67 million and has a debt-to-equity ratio of 152.25, indicating a high level of debt relative to equity.
  • Steppe Gold is primarily focused on precious metals exploration and development in Mongolia, with notable projects including the Altan Tsagaan Ovoo Project and Uudam Khundii property.
  • MarketBeat previews top five stocks to own in October.

Steppe Gold Ltd. (TSE:STGO - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$1.49 and last traded at C$1.49, with a volume of 279628 shares. The stock had previously closed at C$1.45.

Steppe Gold Trading Up 3.9%

The company has a 50 day simple moving average of C$1.30 and a 200 day simple moving average of C$1.02. The company has a debt-to-equity ratio of 152.25, a quick ratio of 0.10 and a current ratio of 1.19. The company has a market capitalization of C$399.47 million, a PE ratio of 12.34 and a beta of 0.99.

About Steppe Gold

(Get Free Report)

Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company's projects include the Altan Tsagaan Ovoo Project (ATO Project) and Uudam Khundii property in Mongolia.

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