Steppe Gold (TSE:STGO) Reaches New 52-Week High - Should You Buy?

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.

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

Steppe Gold Stock Performance

The company has a current ratio of 1.19, a quick ratio of 0.10 and a debt-to-equity ratio of 152.25. The firm has a market capitalization of C$269.67 million, a price-to-earnings ratio of -26.31 and a beta of 1.24. The stock's 50 day moving average price is C$1.28 and its two-hundred day moving average price is C$0.99.

About Steppe Gold

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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