Scorpio Gold (CVE:SGN) Hits New 1-Year Low – Here’s Why

Scorpio Gold Co. (CVE:SGNGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.10, with a volume of 71626 shares. The stock had previously closed at C$0.10.

Scorpio Gold Price Performance

The company has a quick ratio of 0.39, a current ratio of 0.21 and a debt-to-equity ratio of 53.01. The company has a market capitalization of C$10.39 million, a price-to-earnings ratio of -1.19 and a beta of 1.22. The business’s 50-day moving average is C$0.11 and its 200-day moving average is C$0.13.

Scorpio Gold Company Profile

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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.

Further Reading

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