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

Steppe Gold Ltd. (OTCMKTS:STPGF) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 7,200 shares, a decline of 27.3% from the July 15th total of 9,900 shares. Based on an average trading volume of 18,400 shares, the days-to-cover ratio is presently 0.4 days.

Steppe Gold Price Performance

OTCMKTS STPGF remained flat at $0.47 during trading on Friday. 15,300 shares of the company’s stock traded hands, compared to its average volume of 19,332. The business’s 50-day moving average price is $0.46 and its two-hundred day moving average price is $0.49. Steppe Gold has a twelve month low of $0.40 and a twelve month high of $0.62.

Steppe Gold Company Profile

Steppe Gold Ltd. acquires, explores for, develops, and operates precious metals in Mongolia and Peru. Its principal assets 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; the Uudam Khundii gold project comprising one exploration license covering an area of approximately 14,400 hectares located in Uudam Khundii, Bayankhongor Province; and the Tres Cruces Project located within the Department of La Libertad in north-central Peru.