Scorpio Gold Co. (CVE:SGN – Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.34 and traded as low as C$0.28. Scorpio Gold shares last traded at C$0.29, with a volume of 74,522 shares changing hands.
Scorpio Gold Stock Up 7.4%
The firm has a market capitalization of C$87.86 million, a PE ratio of 14.50 and a beta of 3.56. The stock has a 50-day simple moving average of C$0.34 and a 200-day simple moving average of C$0.38. The company has a quick ratio of 0.39, a current ratio of 4.63 and a debt-to-equity ratio of 2.32.
About Scorpio Gold
Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada. The company is based in Vancouver, Canada.
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