Scorpio Gold Co. (CVE:SGN – Get Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.34 and traded as low as C$0.28. Scorpio Gold shares last traded at C$0.29, with a volume of 74,522 shares changing hands.
Scorpio Gold Stock Performance
The firm has a market cap of C$93.92 million, a PE ratio of 15.50 and a beta of 3.56. The company has a quick ratio of 0.39, a current ratio of 4.63 and a debt-to-equity ratio of 2.32. The company has a 50-day simple moving average of C$0.34 and a two-hundred day simple moving average of C$0.38.
About Scorpio Gold
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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