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

by · The Cerbat Gem

Romios Gold Resources Inc. (CVE:RG – Get Free Report) dropped 25% 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 mid-day trading, an increase of 833% from the average daily volume of 146,243 shares. The stock had previously closed at C$0.04.

Romios Gold Resources Trading Down 25.0%

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 firm has a market cap of C$9.84 million, a price-to-earnings ratio of -13.51 and a beta of 3.06. The business has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.03.

Romios Gold Resources Company Profile

(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.

See Also