Scorpio Gold (CVE:SGN) Reaches New 52-Week Low – Here’s What Happened

Scorpio Gold Co. (CVE:SGNGet Free Report) reached a new 52-week low during mid-day 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. The stock had previously closed at C$0.11.

Scorpio Gold Stock Down 14.3 %

The company has a debt-to-equity ratio of 53.01, a quick ratio of 0.39 and a current ratio of 0.21. The firm’s fifty day simple moving average is C$0.14 and its 200 day simple moving average is C$0.13. The stock has a market capitalization of C$9.85 million, a price-to-earnings ratio of -1.13 and a beta of 1.22.

About Scorpio Gold

(Get Free Report)

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.

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