Steppe Gold (OTCMKTS:STPGF) Shares Up 5.8% – Here’s What Happened

Steppe Gold Ltd. (OTCMKTS:STPGF – Get Free Report) shares traded up 5.8% during mid-day trading on Friday . The company traded as high as $1.10 and last traded at $1.09. Approximately 32,256 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 51,858 shares. The stock had previously closed at $1.03.

Steppe Gold Stock Up 5.8%

The business has a fifty day moving average price of $0.92 and a two-hundred day moving average price of $1.08.

About Steppe Gold

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Steppe Gold (OTCMKTS: STPGF) is a gold-focused mining and exploration company with principal operations in Mongolia. The company concentrates on the development, construction and operation of gold deposits, aiming to supply gold doré to regional refineries. Steppe Gold’s shares trade on the OTC Markets under the symbol STPGF.

The company’s flagship asset is the Altan Tsagaan Ovoo (ATO) mine, located in Mongolia’s Sukhbaatar province. ATO employs heap leaching and carbon-in-leach processing to produce doré bars, with commercial production achieved in late 2021.

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