Steppe Gold Ltd.

TSX:STGO Stock Report

Market Cap: CA$354.0m

Steppe Gold Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Tserenbadam Dugeree

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenureless than a year
Board average tenure3.1yrs

Recent management updates

Recent updates

Narrative Update May 28

(Deep Dive) From Mongolian Producer to Gold Powerhouse: Why Steppe Gold Looks So Interesting

In this video, we break down why Steppe Gold is becoming a fascinating producer-growth story. We cover Boroo and Ulaanbulag as the current cash-flow base, ATO Phase 2 as the major expansion catalyst, and why full exposure to higher gold prices could reshape the company’s upside.
Analysis Article May 22

Steppe Gold's (TSE:STGO) Conservative Accounting Might Explain Soft Earnings

Steppe Gold Ltd.'s ( TSE:STGO ) earnings announcement last week didn't impress shareholders. Despite the soft profit...
New Narrative Apr 13

A case for Steppe Gold, bear case CAD $4, base case CAD $15, bull case CAD $25

Steppe Gold Ltd. (TSX: STGO) as of mid-April 2026 Steppe Gold is a Mongolia-based gold producer operating the ATO mine (oxide phase depleting), plus the integrated Boroo and Ulaanbulag mines acquired in 2024.
Analysis Article Dec 24

Steppe Gold Ltd. (TSE:STGO) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Steppe Gold Ltd. ( TSE:STGO ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...
Analysis Article Jul 12

Steppe Gold (TSE:STGO) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 06

Steppe Gold Ltd.'s (TSE:STGO) Shares Bounce 26% But Its Business Still Trails The Market

The Steppe Gold Ltd. ( TSE:STGO ) share price has done very well over the last month, posting an excellent gain of 26...

CEO

Tserenbadam Dugeree (43 yo)

less than a year
Tenure

Mr. Tserenbadam Dugeree is Chief Executive Officer of Steppe Gold Ltd. since December 17, 2025 and served as its Chief Executive Officer of Mongolia Subsidiaries from September 2025 until December 18, 2025...


Leadership Team

NamePositionTenureCompensationOwnership
Tserenbadam Dugeree
CEO & Directorless than a yearno datano data
Ariuntsetseg Batsaikhan
Interim CFO & Financial Controller8.5yrsno datano data
Orgodol Togoo
Chief Operating Officer of Steppe Gold LLCless than a yearno datano data
Purevraash Duzeenyam
Chief Operating Officer of Boroo Goldless than a yearno datano data
0.9yrs
Average Tenure

Experienced Management: STGO's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Tserenbadam Dugeree
CEO & Director1.9yrsno datano data
Batjargal Zamba
Independent Director8.9yrsno datano data
Jargalan Sereenen
Independent Director6.9yrsno datano data
Marina Lerner
Independent Director3.1yrsno datano data
Dulguun Erdenebaatar
Chairman1.9yrsno datano data
3.1yrs
Average Tenure

Experienced Board: STGO's board of directors are considered experienced (3.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 09:25
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Steppe Gold Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan GuyHannam & Partners (Advisory) LLP