Scorpio Gold (CVE:SGN) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Scorpio Gold Co. (CVE:SGNGet Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.30 and traded as low as C$0.25. Scorpio Gold shares last traded at C$0.25, with a volume of 194,200 shares.

Scorpio Gold Stock Down 2.0%

The company has a quick ratio of 0.39, a current ratio of 4.63 and a debt-to-equity ratio of 2.32. The firm has a market capitalization of C$75.74 million, a PE ratio of 12.50 and a beta of 3.67. The business has a 50-day moving average price of C$0.30 and a 200-day moving average price of C$0.37.

Scorpio Gold Company Profile

(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. The company is based in Vancouver, Canada.

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