Steppe Gold Ltd. (OTCMKTS:STPGF) Short Interest Up 607.1% in July

Steppe Gold Ltd. (OTCMKTS:STPGF) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 9,900 shares, an increase of 607.1% from the June 30th total of 1,400 shares. Based on an average daily volume of 23,700 shares, the short-interest ratio is presently 0.4 days.

Steppe Gold Stock Performance

STPGF remained flat at $0.46 during midday trading on Friday. The firm’s fifty day moving average is $0.46 and its 200 day moving average is $0.49. Steppe Gold has a 52-week low of $0.40 and a 52-week high of $0.62.

Steppe Gold Company Profile

Steppe Gold Ltd. acquires, explores for, develops, and operates precious metals in Mongolia and Peru. Its principal assets are the Altan Tsagaan Ovoo gold and silver project comprising one mining license covering an area of approximately 5,492.63 hectares located in the territory of Tsagaan Ovoo soum, Dornod province of Eastern Mongolia; the Uudam Khundii gold project comprising one exploration license covering an area of approximately 14,400 hectares located in Uudam Khundii, Bayankhongor Province; and the Tres Cruces Project located within the Department of La Libertad in north-central Peru.