Steppe Gold Ltd. (OTCMKTS:STPGF) Short Interest Update

Steppe Gold Ltd. (OTCMKTS:STPGF) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 115,800 shares, an increase of 201.6% from the May 15th total of 38,400 shares. Based on an average daily volume of 130,700 shares, the days-to-cover ratio is presently 0.9 days.

Steppe Gold Stock Down 1.9%

Shares of STPGF stock opened at $1.03 on Friday. Steppe Gold has a 52 week low of $0.39 and a 52 week high of $1.07. The company has a 50-day simple moving average of $0.67 and a 200 day simple moving average of $0.54.

Steppe Gold Company Profile

Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru. Its flagship project is the 100% owned Altan Tsagaan Ovoo property covering an area of approximately 5,492 hectares located in Dornod, Mongolia. The company is headquartered in Ulaanbaatar, Mongolia.