Scorpio Gold (CVE:SGN) Reaches New 1-Year Low – Time to Sell?

Scorpio Gold Co. (CVE:SGN)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 263536 shares. The stock had previously closed at C$0.10.

Scorpio Gold Stock Down 10.5 %

The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.39 and a current ratio of 0.09. The firm has a market capitalization of C$8.17 million, a PE ratio of -2.78 and a beta of 1.22. The company has a fifty day moving average price of C$0.10 and a 200-day moving average price of C$0.12.

Scorpio Gold Company Profile

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.