Steppe Gold (TSE:STGO) Announces Earnings Results

Steppe Gold (TSE:STGO) released its quarterly earnings results on Friday. The company reported C$0.08 earnings per share for the quarter, RTT News reports. Steppe Gold had a return on equity of 25.27% and a net margin of 12.88%.During the same period in the previous year, the firm posted $0.03 earnings per share.

Steppe Gold Stock Down 9.3%

TSE STGO opened at C$1.27 on Friday. The stock has a market cap of C$321.09 million, a PE ratio of 10.00 and a beta of 1.48. Steppe Gold has a fifty-two week low of C$0.83 and a fifty-two week high of C$2.43. The business has a 50 day moving average price of C$1.38 and a two-hundred day moving average price of C$1.77. The company has a quick ratio of 0.10, a current ratio of 1.98 and a debt-to-equity ratio of 90.61.

About Steppe Gold

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.