Steppe Gold (OTCMKTS:STPGF) Shares Down 2.2%

Steppe Gold Ltd. (OTCMKTS:STPGFGet Rating) shares fell 2.2% during mid-day trading on Friday . The company traded as low as $0.77 and last traded at $0.78. 20,580 shares changed hands during trading, an increase of 189% from the average session volume of 7,122 shares. The stock had previously closed at $0.80.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus reduced their price target on shares of Steppe Gold from C$3.10 to C$2.90 in a research report on Wednesday, August 17th.

Steppe Gold Stock Down 2.2 %

The business has a fifty day moving average of $0.82 and a 200 day moving average of $0.99.

Steppe Gold Company Profile

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Steppe Gold Ltd. acquires, explores for, develops, and operates precious metals in Mongolia. Its principal projects are the Altan Tsagaan Ovoo gold and silver project comprising one mining license covering an area of approximately 5,492.63 hectares located in the territory of Tsagaan Ovoo soum, Dornod province of Eastern Mongolia; and the Uudam Khundii property that covers an area of 14,397 hectares located in Ulaanbaatar, Bayankhongor Province.

Further Reading

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