Steppe Gold (TSE:STGO) Stock Price Up 2.3% – Time to Buy?

Steppe Gold Ltd. (TSE:STGO)’s share price rose 2.3% on Friday . The company traded as high as C$1.36 and last traded at C$1.31. 174,103 shares changed hands during trading, a decline of 68% from the average session volume of 540,286 shares. The stock had previously closed at C$1.28.

Steppe Gold Stock Performance

The stock has a fifty day simple moving average of C$1.32 and a two-hundred day simple moving average of C$1.62. The company has a debt-to-equity ratio of 106.51, a quick ratio of 0.10 and a current ratio of 1.85. The stock has a market capitalization of C$331.20 million, a price-to-earnings ratio of 7.40 and a beta of 1.41.

Steppe Gold (TSE:STGO) last announced its earnings results on Wednesday, April 1st. The company reported C$0.05 EPS for the quarter. Steppe Gold had a return on equity of 32.00% and a net margin of 16.43%.The company had revenue of C$217.79 million for the quarter. Analysts forecast that Steppe Gold Ltd. will post 0.2892308 earnings per share for the current fiscal year.

Steppe Gold Company Profile

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.