Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 269,044 shares, a decline of 50.5% from the May 31st total of 543,247 shares. Based on an average daily trading volume, of 75,747 shares, the short-interest ratio is currently 3.6 days.
Steppe Gold Stock Performance
OTCMKTS STPGF traded down $0.00 on Tuesday, hitting $0.93. 6,200 shares of the stock were exchanged, compared to its average volume of 55,887. The business’s fifty day moving average is $0.96 and its 200 day moving average is $1.18. Steppe Gold has a 52 week low of $0.80 and a 52 week high of $1.80.
About Steppe Gold
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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