Scorpio Gold (CVE:SGN) Stock Price Up 3% – Here’s What Happened

Scorpio Gold Co. (CVE:SGNGet Free Report) shares traded up 3% on Tuesday . The company traded as high as C$0.35 and last traded at C$0.35. Approximately 230,197 shares changed hands during trading, a decline of 6% from the average session volume of 246,144 shares. The stock had previously closed at C$0.34.

Scorpio Gold Trading Up 3.0%

The company has a market cap of C$92.24 million, a P/E ratio of -2.65 and a beta of 2.51. The business’s 50-day moving average price is C$0.35 and its 200 day moving average price is C$0.33. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.39 and a current ratio of 0.09.

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. The company is based in Vancouver, Canada.

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