Short Interest in Steppe Gold Ltd. (OTCMKTS:STPGF) Expands By 696.4%

Steppe Gold Ltd. (OTCMKTS:STPGF) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 43,800 shares, an increase of 696.4% from the January 31st total of 5,500 shares. Based on an average daily volume of 73,500 shares, the days-to-cover ratio is presently 0.6 days.

Steppe Gold Stock Performance

Steppe Gold stock opened at $0.47 on Friday. The firm has a 50 day moving average price of $0.46 and a two-hundred day moving average price of $0.49. Steppe Gold has a 52-week low of $0.39 and a 52-week high of $0.64.

Steppe Gold Company Profile

Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru. Its flagship project is the 100% owned Altan Tsagaan Ovoo property covering an area of approximately 5,492 hectares located in Dornod, Mongolia. The company is headquartered in Ulaanbaatar, Mongolia.