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Steppe Gold (TSE:STGO) Sets New 52-Week High - Time to Buy?

Steppe Gold logo with Basic Materials background

Key Points

  • Steppe Gold Ltd. (TSE:STGO) reached a new 52-week high, trading as high as C$1.87, with a last traded price of C$1.86 and a volume of 389,986 shares.
  • The company has a market capitalization of C$470.26 million and a PE ratio of 14.53, indicating potential for growth in the precious metals sector.
  • Steppe Gold is focused on mining opportunities in Mongolia, with key projects including the Altan Tsagaan Ovoo Project and the Uudam Khundii property.
  • Five stocks to consider instead of Steppe Gold.

Steppe Gold Ltd. (TSE:STGO - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as C$1.87 and last traded at C$1.86, with a volume of 389986 shares trading hands. The stock had previously closed at C$1.73.

Steppe Gold Stock Performance

The stock's fifty day moving average is C$1.45 and its two-hundred day moving average is C$1.13. The firm has a market capitalization of C$460.15 million, a price-to-earnings ratio of 14.22 and a beta of 1.20. The company has a debt-to-equity ratio of 152.25, a quick ratio of 0.10 and a current ratio of 1.19.

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.

Further Reading

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