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StockVS

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.

Last Updated: October 21, 2026

STGO.TO

CA$1.54

CA$0.00 (0.00%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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STGO.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$1.46
Previous Close
CA$1.54
Day's Range
1.46–1.54
52-Week Range
1.11–2.43
Volume
97.85K
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.
1.40
Valuation
Market Cap
CA$389.35M
P/E Ratio
8.11
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
2.32
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.28
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
−16.76%
Dividend and dates
Earnings Date
November 12, 2026estimated
Avg Volume
259.20K

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

Key facts

As of October 21, 2026, STGO.TO closed at CA$1.54, −16.76% over 1 year.

Steppe Gold Ltd. (STGO.TO) has a market capitalization of CA$389.35M.

In fiscal 2025, STGO.TO reported revenue of CA$254.13M.

STGO.TO Stock Return by Calendar Year

Steppe Gold Ltd. (STGO.TO) return since May 2018: what CA$10,000 became

1 year
CA$10,000 CA$8,324
−16.76%
5 years
CA$10,000 CA$11,407
+14.07%
Since May 2018
CA$10,000 CA$7,897
−21.03%

If you had invested CA$10,000 in Steppe Gold Ltd. (STGO.TO) at the close on May 22, 2018, the earliest close on record here, it would have been worth CA$7,897 at the close on October 21, 2026: −21.03% in total, −2.77% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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

YearReturn
2026 (partial year)−18.52%
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 October 21, 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 93 stocks
MetricSTGO.TOGold medianvs median
P/E8.1112.3234% below
P/S ratio1.284.560.3x the median
Profit margin11.88%31.40%19.5 pts below

Medians across 93 Gold stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Steppe Gold Ltd. (STGO.TO) carries a market capitalisation of CA$389.35M. 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$1.54, dated October 21, 2026. The close was unchanged from the previous session. The latest close sits 38.74% 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 19.5 percentage points below the Gold median of 31.4%. 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 8.11. That is 34.15% below the Gold median of 12.32. On forward earnings the ratio is 2.32. The price-to-sales ratio is 1.28. On price-to-sales that is 0.3 times the Gold median of 4.56. 93 Gold companies report these metrics, and the medians quoted come from that group.

The reported beta is 1.4. Daily returns over the trailing 8 years annualize to a volatility of 57.83%. The trailing one-year total return is −16.76%. Measured over 5 years, that is +2.67% a year compounded.

Growth & Income

The record shows no dividend for STGO.TO.

So far in 2026 the total return is −18.52%. 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$389.35M 8.1
Newmont Corporation NEM $123.47B 14.8
Agnico Eagle Mines Limited AEM $94.87B 16.0
Barrick Mining Corporation ABX.TO CA$94.18B 10.7

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Gold industry average P/E ratio is 12.3x. Steppe Gold Ltd. trades at a P/E of 8.1.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 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 Ulaanbaatar, Mongolia. Steppe Gold Ltd. operates as a subsidiary of Boroo Pte Ltd.

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