Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report)’s share price dropped 1.7% during mid-day trading on Monday . The company traded as low as $1.2660 and last traded at $1.27. 20,441 shares traded hands during trading, a decline of 60% from the average session volume of 51,566 shares. The stock had previously closed at $1.2920.
Steppe Gold Price Performance
The company has a 50-day simple moving average of $1.03 and a 200-day simple moving average of $1.04.
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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