Romios Gold Resources (CVE:RG) Stock Price Up 11.1% – Still a Buy?
by Amy Steele · The Cerbat GemRomios Gold Resources Inc. (CVE:RG – Get Free Report) shot up 11.1% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 318,500 shares traded hands during trading, a decline of 21% from the average session volume of 404,199 shares. The stock had previously closed at C$0.05.
Romios Gold Resources Stock Performance
The business’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.03. The company has a quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The company has a market cap of C$16.40 million, a PE ratio of -13.51 and a beta of 3.31.
Romios Gold Resources Company Profile
Romios Gold Resources Inc engages in the exploration of precious and base metals in Canada. The company explores for gold, silver, and copper deposits. It holds interest in the Golden Triangle Area project covering an area of 45,105 hectares located in British Columbia; and 20% interest in the Thunder Bay silver district project comprising 87 claims covering an area of 1,853 hectares located in northwestern Ontario. The company holds interest in 109 gold-silver-copper claims, and 22 Lode claims in located in Nevada.