Steppe Gold (TSE:STGO) Shares Down 8% – Time to Sell?

Steppe Gold Ltd. (TSE:STGOGet Free Report)’s share price fell 8% during mid-day trading on Friday . The stock traded as low as C$1.14 and last traded at C$1.15. 370,793 shares traded hands during trading, a decline of 33% from the average session volume of 552,573 shares. The stock had previously closed at C$1.25.

Steppe Gold Stock Down 8.0%

The company has a debt-to-equity ratio of 106.51, a quick ratio of 0.10 and a current ratio of 1.85. The stock has a market capitalization of C$290.75 million, a P/E ratio of 6.50 and a beta of 1.41. The stock’s fifty day simple moving average is C$1.33 and its two-hundred day simple moving average is C$1.67.

Steppe Gold (TSE:STGOGet Free Report) last posted its earnings results on Wednesday, April 1st. The company reported C$0.05 earnings per share for the quarter. Steppe Gold had a net margin of 16.43% and a return on equity of 32.00%. The firm had revenue of C$217.79 million for the quarter. As a group, research analysts expect that Steppe Gold Ltd. will post 0.2892308 EPS for the current fiscal year.

About Steppe Gold

(Get Free Report)

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.

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