Steppe Gold Ltd. (OTCMKTS:STPGF) Sees Significant Drop in Short Interest

Steppe Gold Ltd. (OTCMKTS:STPGF) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decrease of 99.4% from the December 15th total of 15,800 shares. Based on an average daily trading volume, of 19,200 shares, the days-to-cover ratio is presently 0.0 days.

Steppe Gold Stock Up 2.5 %

Shares of OTCMKTS:STPGF traded up $0.01 during trading on Monday, reaching $0.43. The company’s stock had a trading volume of 4,011 shares, compared to its average volume of 9,135. The firm’s 50 day simple moving average is $0.46 and its two-hundred day simple moving average is $0.49. Steppe Gold has a 12 month low of $0.39 and a 12 month high of $0.64.

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.