Scorpio Gold (CVE:SGN) Stock Price Up 3.3% – Time to Buy?

Scorpio Gold Co. (CVE:SGNGet Free Report)’s share price traded up 3.3% during trading on Friday . The stock traded as high as C$0.33 and last traded at C$0.31. 243,129 shares traded hands during trading, a decline of 41% from the average session volume of 411,508 shares. The stock had previously closed at C$0.30.

Scorpio Gold Stock Up 3.3%

The company has a quick ratio of 0.39, a current ratio of 0.09 and a debt-to-equity ratio of 14.76. The firm has a 50 day moving average of C$0.38 and a 200 day moving average of C$0.27. The firm has a market cap of C$69.28 million, a price-to-earnings ratio of -1.94 and a beta of 2.33.

About Scorpio Gold

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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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