Steppe Gold (TSE:STGO) Hits New 52-Week High – Here’s What Happened

Steppe Gold Ltd. (TSE:STGO) reached a new 52-week high during trading on Monday . The company traded as high as C$2.43 and last traded at C$2.34, with a volume of 380887 shares. The stock had previously closed at C$2.30.

Steppe Gold Stock Down 1.3%

The business’s fifty day moving average is C$1.91 and its two-hundred day moving average is C$1.76. The company has a market cap of C$573.92 million, a P/E ratio of 31.97 and a beta of 1.38. The company has a debt-to-equity ratio of 152.25, a quick ratio of 0.10 and a current ratio of 1.19.

Steppe Gold (TSE:STGO) last issued its earnings results on Friday, November 14th. The company reported C$0.03 EPS for the quarter. The business had revenue of C$40.93 million for the quarter. Steppe Gold had a negative net margin of 6.26% and a negative return on equity of 8.00%. Equities analysts predict that Steppe Gold Ltd. will post 0.2892308 EPS for the current year.

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.