- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
STGO
TOR
Week ended 07 Aug 2026
Weekly Investor Report
Steppe Gold Ltd. · Basic Materials · Gold
Latest close
1.53 CAD
26.4%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is 2.9% above the Trend Line and sits at 31.8% of its 52-week range. The latest completed week returned 26.4%, after a 18.6% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is inexpensive relative to peers. The latest news-sentiment score is 50/100.
Setup score
39
out of 100
Latest Close
1.53 CAD
7 Aug 2026
1W Return
26.4%
latest completed week
4W Return
18.6%
short-term follow-through
12W Return
20.5%
quarterly tape
Trend Breadth
55.8%
29 of 52 weeks active
Volume Ratio
1.2x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Activity pressure is weak, so confirmation is not yet broad enough.
- The share remains more than 20% below its 52-week high.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
26.4%
Latest completed week; four-week move 18.6%.
Indicator stack
31/56
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
50/100
15 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is 2.9% above the Trend Line and sits at 31.8% of its 52-week range. The latest completed week returned 26.4%, after a 18.6% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.2x the 13-week average. Participation is around or above normal and provides reasonable confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.0512-week average 0.04
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure6/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.05Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 18.6% over four weeks, 20.5% over 12 weeks, and 19.5% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year29
Trend breadth55.8%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.26Latest activity-pressure read.
Pressure change21.5%Four-week change in activity pressure.
Leadership-17.09Latest relative-leadership reading.
RS change40.8%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is inexpensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 31 Mar 2026
Field coverage 94%
Model confidence 88%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength94/100Blend of value, momentum, and quality. Underlying universe rank 7; rank 1 is best.
Value96/100Relative valuation strength. Underlying universe rank 5; rank 1 is best.
Quality100/100Profitability and accounting quality. Underlying universe rank 1; rank 1 is best.
Momentum27/100Medium-term price momentum. Underlying universe rank 74; rank 1 is best.
Growth37/100Revenue and earnings growth. Underlying universe rank 64; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework99/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 8.5x Price divided by trailing earnings.
- Price / sales
- 1.4x Market value relative to trailing revenue.
- EV / EBITDA
- 3.8x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 25.9% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 58.0% Gross profit retained from each unit of revenue.
- Operating margin
- 53.5% Operating profit retained from revenue.
- Free-cash-flow margin
- 40.8% Free cash flow generated from revenue.
- Return on invested capital
- 53.3% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 42.7% Latest one-year revenue growth.
- EPS growth
- -46.6% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 61.0% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 7/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 0.5% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 0.5% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 0.4x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment50/100
Weighted news tone is neutral across 15 relevant articles.
0 positive · 15 neutral · 0 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-37.0%Distance below the 52-week high.
13-week volatility10.7%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher13 of 2613 weeks finished lower.
Best week+26.4%Week of 7 Aug.
Worst week-19.6%Week of 20 Mar.
Latest week+26.4%Week of 7 Aug.
Shape of recent returns
Strong gains8
Modest gains5
Flat weeks0
Modest losses1
Sharp losses12
Recent vol10.7%13-week weekly-return volatility.
Base vol9.3%52-week weekly-return volatility.
Up/down split30/22Count of positive and negative weeks in the 52-week window.
Average skew7.2% / -8.0%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorCA Basic Materials
4-week rank- / 100
Group average13.1%
Trend breadth19.0%
Trend19.0%active weekly trend signals
MD17.0%positive activity pressure
RS51.0%positive relative leadership
Four-week leaders
IndustryCA Gold
4-week rank24 / 66
Group average14.3%
Trend breadth9.1%
Trend9.1%active weekly trend signals
MD7.6%positive activity pressure
RS37.9%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape31/100
Trend, activity pressure, participation, and risk combine to a 31/100 tape read.
Indicator analysis20/100Latest 12-week confirmation: trend 0/12, activity pressure 6/12, relative leadership 0/12.
Activity pressure 0.05; No reversal markers Factors80/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 66; Small Cap Core rank 13 SVQF99/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 4.5 of 304 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 15 relevant articles.
Steppe Gold Announces Passing of Dr. Zamba Batjargal, Audit Committee Chair and Independent Director Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 1.53 CAD | 26.4% | 1.49 CAD | 1.05 CAD | 0.26 | -17.09 | 1.3M | Off |
| 31 Jul 2026 | 1.21 CAD | -2.4% | 1.50 CAD | 1.04 CAD | 0.10 | -32.38 | 1.1M | Off |
| 24 Jul 2026 | 1.24 CAD | 3.3% | 1.52 CAD | 1.04 CAD | 0.17 | -31.22 | 1.7M | Off |
| 17 Jul 2026 | 1.20 CAD | -7.0% | 1.55 CAD | 1.03 CAD | 0.14 | -33.48 | 991.3K | Off |
| 10 Jul 2026 | 1.29 CAD | -7.9% | 1.57 CAD | 1.03 CAD | 0.22 | -28.86 | 1.7M | Off |
| 3 Jul 2026 | 1.40 CAD | 6.9% | 1.59 CAD | 1.03 CAD | 0.11 | -23.02 | 473.4K | Off |
| 26 Jun 2026 | 1.31 CAD | -6.4% | 1.60 CAD | 1.03 CAD | -0.23 | -27.53 | 174.1K | Off |
| 19 Jun 2026 | 1.40 CAD | 2.9% | 1.62 CAD | 1.02 CAD | -0.57 | -22.78 | 327.3K | Off |
| 12 Jun 2026 | 1.36 CAD | 18.3% | 1.63 CAD | 1.02 CAD | -0.93 | -25.17 | 626.6K | Off |
| 5 Jun 2026 | 1.15 CAD | -5.0% | 1.65 CAD | 1.02 CAD | -1.19 | -36.04 | 370.8K | Off |
| 29 May 2026 | 1.21 CAD | 4.3% | 1.68 CAD | 1.01 CAD | -1.14 | -33.89 | 1.5M | Off |
| 22 May 2026 | 1.16 CAD | -8.7% | 1.71 CAD | 1.01 CAD | -1.20 | -36.18 | 1.9M | Off |
| 15 May 2026 | 1.27 CAD | -11.8% | 1.74 CAD | 1.01 CAD | -1.21 | -28.84 | 1.6M | Off |
| 8 May 2026 | 1.44 CAD | 10.8% | 1.76 CAD | 1.01 CAD | -1.25 | -19.75 | 2.0M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.