Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 483,405 shares, a growth of 79.7% from the June 15th total of 269,044 shares. Based on an average trading volume of 36,805 shares, the days-to-cover ratio is presently 13.1 days.
Steppe Gold Stock Performance
Shares of STPGF opened at $0.84 on Friday. Steppe Gold has a one year low of $0.80 and a one year high of $1.80. The firm has a 50 day simple moving average of $0.93 and a two-hundred day simple moving average of $1.13.
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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