Steppe Gold Ltd.

Steppe Gold Ltd.

STPGF
Steppe Gold Ltd.US flagOther OTC
0.92
USD
+0.05
- -
231.87MMarket Cap
Steppe Gold Ltd.
STPGF
(Other OTC)

Recent

price

0.92

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
1.04
0.28
0.89
0.92
0.94
1.01
1.09
Revenue per Share
- -
-0.28
-0.33
-0.12
-0.19
-0.26
0.23
0.39
0.32
0.13
0.18
Basic EPS, GAAP
- -
-0.29
-0.55
-0.33
0.38
-0.19
0.18
0.43
0.28
0.33
0.44
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.32
0.01
0.01
Dividend per Share
- -
0.09
0.06
-0.02
0.24
-0.09
0.12
0.72
0.59
0.57
0.65
Book Value per Share
- -
0.18
0.45
0.26
0.5
0.08
0.25
0.72
0.58
0.56
0.64
Tangible Book Value per Share
- -
20
37
42
56
86
70
144
189
253
253
Basic Weighted Avg Shares
- -
- -
- -
- -
58
24
62
132
178
254
275
Sales/Revenue/Turnover
- -
- -
- -
- -
7.71
-12.24
24.66
50.56
47.91
49.51
53.49
Operating Margin (%)
- -
- -
- -
- -
4
3
4
18
16
16
15
Depreciation Expense
- -
-6
-12
-5
-11
-23
16
56
61
33
45
Net Income, GAAP
- -
- -
- -
- -
- -
- -
10.39
22.03
23.47
52.11
46.31
Effective Tax Rate (%)
- -
- -
- -
- -
-18.38
-94.05
25.58
42.66
34.44
12.88
16.49
Profit Margin (%)
- -
-2
3
-12
11
-41
-6
-86
151
107
106
Working Capital
- -
4
- -
4
9
40
5
3
160
59
35
LT Debt
- -
4
17
11
28
7
17
103
110
143
161
Total Equity
- -
- -
- -
- -
- -
- -
23.43
45.39
25.32
19.98
27.22
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
45.01
63.14
29.02
13.97
18.61
Return on Capital (%)
- -
- -
-606.97
- -
- -
- -
- -
100.83
57.11
25.57
32.17
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
46
71
84
LT Borrowings
115
58
31
LT Finance Leases
3
- -
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
253
253
253
Market Capitalization
329
346
247

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
194
217
230
Cash, Cash Equivalents & STI
108
172
178
Accounts Receivable, Net
2
2
- -
Inventories
76
35
44
Total Current Liabilities
69
110
124
Payables & Accruals
18
25
25
ST Debt
46
71
84
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
121.19%
29.76%
Free Cash Flow
- -
14.86%
61.03%
Net Income, GAAP
- -
31.32%
-46.64%
Sales/Revenue/Turnover
- -
58%
42.66%
Total Cash Common Dividend
- -
- -
-96.87%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
47
47
37
46
178
2025
32
32
29
160
254
2026
53
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.1
0.07
- -
0.32
2025
0.03
0.04
0.03
- -
0.13
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.15
0.31
- -
0.32
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
Business
Steppe Gold Ltd. is a Mongolia-focused precious metals company engaged in the operation, development, exploration and acquisition of gold and silver projects primarily in Mongolia. The company operates its flagship Altan Tsagaan Ovoo (ATO) gold and silver mine in eastern Mongolia's Dornod province, covering 5,492 hectares under one mining license; the Boroo gold mine and Ulaanbulag mine as part of the Boroo Project; the Mungu gold and silver exploration project northeast of ATO featuring epithermal systems with bonanza grades; and the Uudam Khundii exploration project spanning 14,397 hectares southwest of Ulaanbaatar adjoining Bayan Khundii and Altan Nar deposits. Founded in 2016 and headquartered in Ulaanbaatar, Mongolia, Steppe Gold generates revenue mainly from gold and silver sales to Mongolian banks at London Metal Exchange spot rates, targeting production growth through in-situ and nearby material sourcing while serving institutional investors via its TSX: STGO, OTCQX: STPGF and FSE: 2J9 listings. In recent developments, the company completed its acquisition of Boroo Gold LLC in July 2024 pursuant to a share exchange agreement dated April 11, 2024, positioning it as Mongolia's largest primary gold producer with enhanced cash flows, cost savings from bulk purchasing and exploration synergies; divested the Tres Cruces Oxide Project in Peru for CAD$12 million in cash to streamline focus on Mongolian assets; advanced ATO Phase 2 expansion with turnkey engineering procurement and construction contracts, WSP as engineering design partner, and a revised feasibility study incorporating higher metal prices for increased throughput and recoveries targeted for completion in the second half of 2026; and reported strong Q3 2025 financial results with ongoing debt reduction, forward contract expiry, management and board changes, and optimistic 2025 outlook for production expansion to 15,000 ounces in Q4 alongside financing negotiations with partners including Triple Flag Precious Metals Corp.

Company News

APIChatGPT
  • Steppe Gold Ltd. Announces Annual General Meeting Voting Results

  • Steppe Gold Amends EPC Agreement for ATO Phase 2 Project

  • Steppe Gold: Wacky Financials But Lots Of Gold In The Ground

  • Steppe Gold Announces Settlement Agreement with Triple Flag

  • Steppe Gold Announces Q1 2026 Financial Results

  • Steppe Gold Announces 2025 Annual Financial Results

  • Steppe Gold Announces Finance Leadership Transition

  • Steppe Gold Announces Final Instalment on Asset Sale

  • Steppe Gold Announces Corporate Update, Strong Fourth Quarter Production

  • Steppe Gold Announces Leadership Transition

  • Steppe Gold Provides Q4 Production Update Change of Auditor

  • Steppe Gold (OTCMKTS:STPGF) Shares Up 0.9% – Time to Buy?

  • Steppe Gold Announces Q3 2025 Financial Results

  • Steppe Gold Releases 2024 ESG Report

  • Steppe Gold Announces Q2 2025 Financial Results; Expiry of Forward Contract; Management and Board Changes

  • Steppe Gold Ltd. Announces Annual General and Special Meeting Voting Results

  • Steppe Gold Announces Q1 2025 Financial Results

  • Steppe Gold Announces 2024 Annual Financial Results

  • Steppe Gold highlights responsible mining practices in 2023 ESG report

  • Steppe Gold Releases 2023 ESG Report