Scorpio Gold (CVE:SGN) Reaches New 12-Month Low – Time to Sell?

Shares of Scorpio Gold Co. (CVE:SGNGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 149505 shares traded. The stock had previously closed at C$0.10.

Scorpio Gold Price Performance

The firm has a market capitalization of C$9.30 million, a PE ratio of -1.06 and a beta of 1.22. The company has a debt-to-equity ratio of 53.01, a current ratio of 0.21 and a quick ratio of 0.39. The business’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.12.

Scorpio Gold Company Profile

(Get Free Report)

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada.

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