Romios Gold Resources (CVE:RG) Trading Down 25% – Should You Sell?

by · The Markets Daily

Romios Gold Resources Inc. (CVE:RG – Get Free Report)’s stock price was down 25% during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,364,333 shares traded hands during trading, an increase of 834% from the average daily volume of 145,997 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Price Performance

The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09. The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.03. The company has a market cap of C$9.84 million, a P/E ratio of -13.51 and a beta of 3.06.

About Romios Gold Resources

(Get Free Report)

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.

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