Scorpio Gold Co. (CVE:SGN – Get Free Report)’s share price rose 30.6% during trading on Monday . The company traded as high as C$0.64 and last traded at C$0.64. Approximately 721,651 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 711,924 shares. The stock had previously closed at C$0.49.
Scorpio Gold Stock Performance
The firm’s 50 day simple moving average is C$0.38 and its 200-day simple moving average is C$0.37. The company has a market capitalization of C$155.06 million, a price-to-earnings ratio of -4.46 and a beta of 2.65. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.39 and a current ratio of 0.09.
Scorpio Gold Company Profile
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. The company is based in Vancouver, Canada.
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