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

by · The Cerbat Gem

Romios Gold Resources Inc. (CVE:RG – Get Free Report)’s stock price was down 25% during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,324,333 shares were traded during trading, an increase of 814% from the average daily volume of 144,954 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Stock Down 25.0%

The firm 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 quick ratio of 1.32, a current ratio of 0.14 and a debt-to-equity ratio of 75.09. The company’s 50 day moving average price is C$0.04 and its 200 day moving average price is 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.

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