Steppe Gold (TSE:STGO) Sets New 12-Month High - Still a Buy?

Key Points

• Steppe Gold Ltd. (TSE:STGO) reached a new 52-week high at C$2.05, closing at C$2.02 with a trading volume of 445,646 shares.
• The company has a market capitalization of C$505.65 million and a PE ratio of 15.63, indicating a positive performance in the market.
• Steppe Gold focuses on precious metals exploration and development in Mongolia, with key projects including the Altan Tsagaan Ovoo Project and Uudam Khundii property.

Steppe Gold Ltd. (TSE:STGO - )'s stock price hit a new 52-week high on Tuesday . The company traded as high as C$2.05 and last traded at C$2.02, with a volume of 445646 shares traded. The stock had previously closed at C$1.88.

Steppe Gold Price Performance

The stock has a market capitalization of C$505.65 million, a PE ratio of 15.63 and a beta of 1.27. The firm's fifty day moving average price is C$1.64 and its two-hundred day moving average price is C$1.25. The company has a quick ratio of 0.10, a current ratio of 1.19 and a debt-to-equity ratio of 152.25.

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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