Scorpio Gold (CVE:SGN) Hits New 12-Month Low – Here’s Why

Shares of Scorpio Gold Co. (CVE:SGNGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 15500 shares. The stock had previously closed at C$0.11.

Scorpio Gold Stock Performance

The company has a quick ratio of 0.39, a current ratio of 0.21 and a debt-to-equity ratio of 53.01. The firm has a market cap of C$10.94 million, a P/E ratio of -1.31 and a beta of 1.22. The business has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.14.

Scorpio Gold (CVE:SGNGet Free Report) last issued its quarterly earnings results on Tuesday, August 27th. The company reported C$0.03 earnings per share (EPS) for the quarter.

About Scorpio Gold

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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.

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