Scorpio Gold (CVE:SGN) Stock Passes Below 50-Day Moving Average of $0.18

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Shares of Scorpio Gold Corp (CVE:SGN) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.18 and traded as low as $0.15. Scorpio Gold shares last traded at $0.16, with a volume of 109,900 shares trading hands.

The company has a debt-to-equity ratio of 39.54, a current ratio of 4.92 and a quick ratio of 1.93. The stock’s fifty day simple moving average is C$0.18 and its 200-day simple moving average is C$0.11. The company has a market capitalization of $6.20 million and a P/E ratio of -1.91.

Scorpio Gold (CVE:SGN) last released its quarterly earnings results on Tuesday, August 25th. The company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$2.00 million for the quarter.

Scorpio Gold Company Profile (CVE:SGN)

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It holds 100% interest in the Goldwedge property covering an area of 726 hectares located in Manhattan, Nevada. The company is based in Vancouver, Canada.

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