Steppe Gold (TSX:STGO) Total Operating Expense: C$17.0 Mil (TTM As of Mar. 2026)


TSX:STGO Steppe Gold Ltd TSX:STGO
76 GF Score
Price C$1.40
GF Value C$1.08
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Steppe Gold Total Operating Expense?

Steppe Gold TSX:STGO -1.41% 76 Total Operating Expense is C$17.0 Mil as of Mar. 2026. GuruFocus rates TSX:STGO with a GF Score™ of 76/100 and a GF Value™ of C$1.08 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Steppe Gold's Total Operating Expense for the three months ended in Mar. 2026 was C$3.8 Mil. Steppe Gold's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$17.0 Mil.

Steppe Gold Total Operating Expense Related Terms

Steppe Gold Total Operating Expense Historical Data

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The historical data trend for Steppe Gold's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Steppe Gold Total Operating Expense Chart

Steppe Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.12 20.98 5.45 15.28 17.12

Steppe Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.12 3.83 4.07 5.24 3.82
TSX:STGO
76GF Score
Steppe Gold Ltd TSX:STGO
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Steppe Gold Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$17.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of C$17.0 Mil mean?
Steppe Gold (TSX:STGO) has a Total Operating Expense of C$17.0 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Steppe Gold and its competitors.
Is Steppe Gold's Total Operating Expense too high?
Steppe Gold's current Total Operating Expense is C$17.0 Mil. Overall, Steppe Gold has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steppe Gold's Total Operating Expense compare to NEM and AU?
Steppe Gold's Total Operating Expense of C$17.0 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Metals & Mining company?
A good Total Operating Expense depends on the Metals & Mining industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Steppe Gold and its competitors. Steppe Gold's current Total Operating Expense is C$17.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steppe Gold stock overvalued right now?
Based on GuruFocus' analysis, Steppe Gold (TSX:STGO) is currently considered Modestly Overvalued. The stock's GF Value™ is C$1.08, compared to a current price of C$1.40 — trading 29.6% above its estimated fair value. The current Total Operating Expense is C$17.0 Mil. Steppe Gold's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Steppe Gold (TSX:STGO), the current Total Operating Expense is C$17.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Steppe Gold (TSX:STGO) Overvalued in 2026?

Based on GuruFocus' analysis, Steppe Gold stock appears to be overvalued. The current stock price of C$1.40 is trading 29.6% above its estimated GF Value™ of C$1.08. GuruFocus considers Steppe Gold to be Modestly Overvalued.

Key valuation signals for TSX:STGO:

  • Total Operating Expense: C$17.0 Mil
  • GF Value™: C$1.08 vs. price of C$1.40 (29.6% above fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the TSX:STGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Steppe Gold Business Description

Other Exchanges STPGF:USA2J9:Germany
Address Peace Avenue 17, 7th floor, Blue Sky Tower, Sukhbaatar District 1, Ulaanbaatar, MNG, 14241
Steppe Gold Ltd is engaged in operating, developing, exploring, and acquiring precious metal projects in Mongolia. The company's commercially producing mine is the Altan Tsagaan Ovoo Property (the ATO Project, or ATO Gold Mine), located in Eastern Mongolia. In addition, it owns the Boroo and Ulaanbulag mines (together as the Boroo Project), and holds interest rights in the Uudam Khundii (UK) project in Mongolia. The company derives its revenue from the sale of gold and silver to banks in Mongolia at London Metal Exchange-based spot rates. A majority of its revenue is generated from the sale of gold.
76GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.40
Price
C$1.08
GF Value