Scorpio Gold (CVE:SGN) Hits New 52-Week Low – Should You Sell?

Shares of Scorpio Gold Co. (CVE:SGN) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 15500 shares. The stock had previously closed at C$0.11.

Scorpio Gold Stock Down 4.8 %

The company has a market cap of C$10.94 million, a P/E ratio of -1.31 and a beta of 1.22. The company has a quick ratio of 0.39, a current ratio of 0.21 and a debt-to-equity ratio of 53.01. The company has a fifty day moving average of C$0.14 and a 200 day moving average of C$0.14.

Scorpio Gold (CVE:SGN) last issued its quarterly earnings data on Tuesday, August 27th. The company reported C$0.03 earnings per share for the quarter.

About Scorpio Gold

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.