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Steppe Gold (TSE:STGO) Trading Up 3.9% - What's Next?

Steppe Gold logo with Basic Materials background

Key Points

  • Steppe Gold Ltd. shares surged by 3.9% to C$1.58 during mid-day trading, reflecting a significant increase in trading volume with 276,156 shares exchanged.
  • The company boasts a market capitalization of C$399.47 million, with a PE ratio of 12.34 and a notable debt-to-equity ratio of 152.25.
  • Steppe Gold is focused on precious metals exploration and development, primarily in Mongolia, with key projects including the Altan Tsagaan Ovoo and Uudam Khundii properties.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Steppe Gold Ltd. (TSE:STGO - Get Free Report) traded up 3.9% during mid-day trading on Friday . The stock traded as high as C$1.59 and last traded at C$1.58. 276,156 shares were traded during trading, an increase of 23% from the average session volume of 224,101 shares. The stock had previously closed at C$1.52.

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 company has a 50-day moving average of C$1.31 and a 200-day moving average of C$1.03. The firm has a market capitalization of C$444.98 million, a price-to-earnings ratio of 13.75 and a beta of 0.99.

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.

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