Shares of Scorpio Gold Co. (CVE:SGN – Get Free Report) rose 14.3% on Tuesday . The company traded as high as C$0.36 and last traded at C$0.36. Approximately 122,320 shares traded hands during trading, a decline of 73% from the average daily volume of 452,829 shares. The stock had previously closed at C$0.32.
Scorpio Gold Price Performance
The company has a debt-to-equity ratio of 2.32, a current ratio of 4.63 and a quick ratio of 0.39. The company has a 50-day simple moving average of C$0.28 and a 200-day simple moving average of C$0.35. The stock has a market cap of C$109.07 million, a PE ratio of 18.00 and a beta of 3.67.
About Scorpio Gold
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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