Steppe Gold Ltd. (OTCMKTS:STPGF) Sees Significant Increase in Short Interest

Steppe Gold Ltd. (OTCMKTS:STPGF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 13,500 shares, a growth of 264.9% from the February 29th total of 3,700 shares. Based on an average trading volume of 28,900 shares, the short-interest ratio is presently 0.5 days.

Steppe Gold Trading Down 2.4 %

STPGF stock traded down $0.01 during mid-day trading on Thursday, hitting $0.55. 7,435 shares of the company were exchanged, compared to its average volume of 12,134. Steppe Gold has a 1-year low of $0.44 and a 1-year high of $0.88. The business has a 50 day simple moving average of $0.52 and a 200-day simple moving average of $0.52.

Steppe Gold Company Profile

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 gold project comprising one exploration license covering an area of approximately 14,400 hectares located in Ulaanbaatar, Bayankhongor Province.