Steppe Gold Ltd. (OTCMKTS:STPGF) Short Interest Update

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

Steppe Gold Trading Up 5.4 %

STPGF opened at $0.53 on Wednesday. The firm’s fifty day moving average is $0.49 and its two-hundred day moving average is $0.50. Steppe Gold has a twelve month low of $0.39 and a twelve 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.