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

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.

Steppe Gold Ltd. (TSE:STGO - )'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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.