Scorpio Gold (CVE:SGN) Shares Cross Below 50-Day Moving Average of $0.17

Shares of Scorpio Gold Co. (CVE:SGNGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.17 and traded as low as C$0.12. Scorpio Gold shares last traded at C$0.12, with a volume of 76,000 shares changing hands.

Scorpio Gold Stock Performance

The stock has a fifty day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.21. The stock has a market cap of C$10.84 million, a price-to-earnings ratio of -0.86 and a beta of 1.18. The company has a debt-to-equity ratio of 161.30, a quick ratio of 0.39 and a current ratio of 0.10.

Scorpio Gold (CVE:SGNGet Free Report) last issued its earnings results on Monday, April 29th. The company reported C($0.12) earnings per share for the quarter.

About Scorpio Gold

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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 726 hectares located in Manhattan, Nevada.

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