Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 269,044 shares, a decline of 50.5% from the May 31st total of 543,247 shares. Based on an average daily trading volume, of 75,747 shares, the short-interest ratio is currently 3.6 days.
Steppe Gold Price Performance
Steppe Gold stock opened at $0.90 on Thursday. The firm has a 50 day moving average of $0.95 and a 200 day moving average of $1.17. Steppe Gold has a 12-month low of $0.80 and a 12-month high of $1.80.
Steppe Gold Company Profile
Steppe Gold (OTCMKTS: STPGF) is a gold-focused mining and exploration company with principal operations in Mongolia. The company concentrates on the development, construction and operation of gold deposits, aiming to supply gold doré to regional refineries. Steppe Gold’s shares trade on the OTC Markets under the symbol STPGF.
The company’s flagship asset is the Altan Tsagaan Ovoo (ATO) mine, located in Mongolia’s Sukhbaatar province. ATO employs heap leaching and carbon-in-leach processing to produce doré bars, with commercial production achieved in late 2021.
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