Scorpio Gold (CVE:SGN) Share Price Passes Below 50-Day Moving Average of $0.05

Shares of Scorpio Gold Co. (CVE:SGN – Get Rating) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.05 and traded as low as C$0.05. Scorpio Gold shares last traded at C$0.05, with a volume of 44,000 shares trading hands.

Scorpio Gold Stock Up 12.5 %

The company has a quick ratio of 0.39, a current ratio of 0.52 and a debt-to-equity ratio of 49.00. The stock has a market cap of C$9.49 million, a price-to-earnings ratio of -0.90 and a beta of 1.66. The business’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.04.

Scorpio Gold Company Profile

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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 717 hectares located in Manhattan, Nevada.