Scorpio Gold Co. (CVE:SGN – Get Free Report)’s stock price rose 8% during trading on Thursday . The stock traded as high as C$0.29 and last traded at C$0.27. 910,140 shares changed hands during trading, an increase of 94% from the average daily volume of 468,334 shares. The stock had previously closed at C$0.25.
Scorpio Gold Stock Performance
The firm has a market cap of C$80.29 million, a PE ratio of 13.25 and a beta of 3.67. The firm has a 50-day moving average price of C$0.33 and a two-hundred day moving average price of C$0.37. The company has a quick ratio of 0.39, a current ratio of 4.63 and a debt-to-equity ratio of 2.32.
Scorpio Gold Company Profile
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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