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TSX · Gold · CAD

Steppe Gold Ltd. (STGO.TO) Stock Analysis

Steppe Gold Ltd. (STGO.TO) is a Gold stock listed on TSX and quoted in Canadian Dollar.

STGO.TO

CA$1.85

CA$0.00 (0.00%)

Sep 4, 2026 · Market close

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Price History

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STGO.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$1.82
Previous Close
CA$1.85
Day's Range
1.80–1.87
52-Week Range
1.11–2.43
Volume
99.50K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.18
Valuation
Market Cap
CA$467.73M
P/E Ratio
9.74
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
2.79
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.54
EPS (ttm)Profit attributable to each share over the last twelve months.
0.19
Financials (FY)
Revenue (FY)
CA$254.13M+42.66%
Net Income (FY)
CA$32.73M−46.64%
Profit marginThe share of revenue left as profit after all costs and taxes.
11.88%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
252.83M
1-Year Return
+8.82%
Dividend and dates
Earnings Date
November 12, 2026estimated
Avg Volume
367.51K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

STGO.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−2.12%
2025+209.84%
2024−18.67%
2023−33.04%
2022−4.27%
2021−53.39%
2020+178.89%
2019+5.88%
2018 (partial year)−56.41%

As of September 4, 2026.

STGO.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$254.13MCA$32.73M12.9%
2024CA$178.13MCA$61.35M34.4%
2023CA$132.06MCA$56.34M42.7%
2022CA$62.37MCA$15.96M25.6%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$254.13MCA$138.23MCA$125.82MCA$32.73M12.9%
2024CA$178.13MCA$96.07MCA$85.34MCA$61.35M34.4%
2023CA$132.06MCA$70.82MCA$66.76MCA$56.34M42.7%
2022CA$62.37MCA$30.82MCA$15.38MCA$15.96M25.6%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

STGO.TO Valuation vs Gold Median

Median of 96 stocks
MetricSTGO.TOGold medianvs median
P/E9.7414.2632% below
P/S ratio1.545.240.3x the median
Profit margin11.88%13.01%1.1 pts below

Medians across 96 Gold stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Steppe Gold Ltd. (STGO.TO) carries a market capitalisation of CA$467.73M. The company sits in the Basic Materials sector, in the Gold industry. The company reports 783 employees.

The 52-week range on file runs from CA$1.11 to CA$2.43. The most recent close on file for STGO.TO is CA$1.85, dated September 4, 2026. The close was unchanged from the previous session. The latest close sits 66.67% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$254.13M. That is +42.66% against the prior fiscal year, when revenue was CA$178.13M. Net income for the same year was CA$32.73M. That is −46.64% against the prior fiscal year. Profit margin runs at 11.88%. That is 1.1 percentage points below the Gold median of 13.01%. Trailing earnings per share are 0.19.

Across the 4 fiscal years on file, revenue moves from CA$62.37M in 2022 to CA$254.13M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 9.74. That is 31.7% below the Gold median of 14.26. On forward earnings the ratio is 2.79. The price-to-sales ratio is 1.54. On price-to-sales that is 0.3 times the Gold median of 5.24. 96 Gold companies report these metrics, and the medians quoted come from that group.

The reported beta is 1.18. Daily returns over the trailing 8 years annualize to a volatility of 58.58%. The trailing one-year price return is +8.82%. Measured over 5 years, that is +4.15% a year compounded.

Growth & Income

The record shows no dividend for STGO.TO.

So far in 2026 the price is −2.12%. The strongest complete calendar year on file is 2025 at +209.84%; the weakest is 2021 at −53.39%. Of the 7 complete calendar years on file, 3 finished higher.

Peer Comparison

Steppe Gold Ltd. (STGO.TO) operates in the Gold industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Steppe Gold Ltd. STGO.TO CA$467.73M 9.7
Newmont Corporation NEM CA$134.97B 16.4
Agnico Eagle Mines Limited AEM CA$103.67B 17.5
Barrick Mining Corporation ABX.TO CA$101.91B 11.5

The Gold industry average P/E ratio is 14.3x. Steppe Gold Ltd. trades at a P/E of 9.7.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Steppe Gold Ltd.

Steppe Gold Ltd. engages in acquiring, exploring, developing, and operating of precious metal projects in Mongolia and Peru. It primarily explores gold and polymetallic deposits. The company holds 100% interest in the Altan Tsagaan Ovoo property covering an area of approximately 5,492 hectares located in Ulaanbaatar, Mongolia; and Boroo and Ulaanbulag mine property covering an area of approximately 6,594 hectares located in Mongolia. It also explores Uudam Khundii gold project covering an area of 14,400 hectares located in Bayankhongor province, Mongolia. The company is based in Toronto, Canada. Steppe Gold Ltd. operates as a subsidiary of Boroo Pte Ltd.

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