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

by · The Markets Daily

Romios Gold Resources Inc. (CVE:RG – Get Free Report)’s stock price fell 25% during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 933,333 shares were traded during mid-day trading, an increase of 568% from the average session volume of 139,793 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Stock Performance

The company has a market capitalization of C$9.84 million, a price-to-earnings ratio of -13.51 and a beta of 3.06. The company has a debt-to-equity ratio of 75.09, a current ratio of 0.14 and a quick ratio of 1.32. The stock has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.03.

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.

Featured Stories