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Steppe Gold ( (TSE:STGO) ) has provided an update.
Steppe Gold Ltd. reported strong financial results for Q3 2025, with total Group revenue of $27.3 million from gold and silver sales, and additional revenue from processing third-party ore. The company anticipates robust cash flow in Q4 2025, driven by continued production at the Boroo Gold mine, and is actively working on debt restructuring and financing options for its Phase 2 Expansion. The company is also focusing on extending mine life at Boroo and Ulaanbulag through exploration activities supported by high gold prices.
The most recent analyst rating on (TSE:STGO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Steppe Gold stock, see the TSE:STGO Stock Forecast page.
Spark’s Take on TSE:STGO Stock
According to Spark, TipRanks’ AI Analyst, TSE:STGO is a Outperform.
Steppe Gold’s strong technical indicators and undervaluation are the most significant factors driving the overall score. Solid financial performance supports the positive outlook, although attention to margin pressures and return on equity is needed.
To see Spark’s full report on TSE:STGO stock, click here.
More about Steppe Gold
Steppe Gold Ltd. operates in the mining industry, focusing on the production and sale of gold and silver. The company is engaged in mining operations primarily through its Boroo Gold LLC subsidiary, with a market focus on leveraging high gold prices to enhance cash flow and support exploration activities.
Average Trading Volume: 563,615
Technical Sentiment Signal: Buy
Current Market Cap: C$591.6M
See more data about STGO stock on TipRanks’ Stock Analysis page.