Scorpio Gold (CVE:SGN) Stock Crosses Below 50 Day Moving Average of $0.25

Scorpio Gold Co. (CVE:SGN)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.25 and traded as low as C$0.24. Scorpio Gold shares last traded at C$0.24, with a volume of 1,502 shares.

Scorpio Gold Stock Performance

The stock has a market capitalization of C$20.28 million, a PE ratio of -1.18 and a beta of 1.19. The company has a quick ratio of 0.39, a current ratio of 0.18 and a debt-to-equity ratio of 141.74. The firm has a 50 day moving average price of C$0.25 and a 200-day moving average price of C$0.17.

About Scorpio Gold

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.