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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 of C$1.90 during trading, closing at C$1.89 with a volume of 468,911 shares.
  • The company's financial ratios include a debt-to-equity ratio of 152.25, indicating high leverage, and a market cap of C$472.79 million.
  • Steppe Gold is focused on precious metals exploration in Mongolia, with projects like the Altan Tsagaan Ovoo Project and Uudam Khundii property.
  • MarketBeat previews the top five stocks to own by November 1st.

Steppe Gold Ltd. (TSE:STGO - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$1.90 and last traded at C$1.89, with a volume of 468911 shares. The stock had previously closed at C$1.81.

Steppe Gold Trading Up 3.3%

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 company has a market cap of C$472.79 million, a price-to-earnings ratio of 14.61 and a beta of 1.20. The firm has a 50-day moving average price of C$1.49 and a 200 day moving average price of C$1.16.

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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