Steppe Gold (TSE:STGO) Announces Quarterly Earnings Results

Steppe Gold (TSE:STGO) announced its earnings results on Friday. The company reported C$0.08 EPS for the quarter, RTT News reports. Steppe Gold had a return on equity of 32.00% and a net margin of 16.43%.During the same quarter in the prior year, the firm posted $0.03 EPS.

Steppe Gold Price Performance

Shares of STGO opened at C$1.27 on Friday. Steppe Gold has a 1 year low of C$0.83 and a 1 year high of C$2.43. The company has a debt-to-equity ratio of 106.51, a current ratio of 1.85 and a quick ratio of 0.10. The company has a market capitalization of C$321.09 million, a price-to-earnings ratio of 10.00 and a beta of 1.48. The business has a 50-day moving average of C$1.38 and a 200-day moving average of C$1.77.

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.