Romios Gold Resources (CVE:RG) Trading Down 25% – Here’s Why

by · The Cerbat Gem

Shares of Romios Gold Resources Inc. (CVE:RG – Get Free Report) traded down 25% during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. 1,364,333 shares were traded during trading, an increase of 833% from the average session volume of 146,243 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 P/E ratio of -13.51 and a beta of 3.06. The company’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.03. The company has a current ratio of 0.14, a quick ratio of 1.32 and a debt-to-equity ratio of 75.09.

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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