Scorpio Gold (CVE:SGN) Hits New 52-Week Low – Time to Sell?

Scorpio Gold Co. (CVE:SGN)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 617753 shares traded. The stock had previously closed at C$0.11.

Scorpio Gold Trading Up 5.6 %

The company has a current ratio of 0.21, a quick ratio of 0.39 and a debt-to-equity ratio of 53.01. The firm has a 50-day moving average of C$0.13 and a two-hundred day moving average of C$0.13. The firm has a market capitalization of C$10.39 million, a P/E ratio of -1.19 and a beta of 1.22.

Scorpio Gold Company Profile

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.