Steppe Gold Ltd. (OTCMKTS:STPGF) Sees Large Decrease in Short Interest

Steppe Gold Ltd. (OTCMKTS:STPGF) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 47,400 shares, a decrease of 13.8% from the February 28th total of 55,000 shares. Based on an average daily trading volume, of 54,100 shares, the days-to-cover ratio is presently 0.9 days.

Steppe Gold Stock Performance

Shares of STPGF stock opened at $0.53 on Wednesday. Steppe Gold has a 52 week low of $0.39 and a 52 week high of $0.64. The stock’s fifty day moving average is $0.49 and its 200-day moving average is $0.50.

About Steppe Gold

Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru. Its flagship project is the 100% owned Altan Tsagaan Ovoo property covering an area of approximately 5,492 hectares located in Dornod, Mongolia. The company is headquartered in Ulaanbaatar, Mongolia.