Reunion Gold Co. (CVE:RGD – Get Free Report) hit a new 52-week high during mid-day trading on Monday after Stifel Nicolaus raised their price target on the stock from C$0.70 to C$0.80. The company traded as high as C$0.61 and last traded at C$0.55, with a volume of 2612174 shares. The stock had previously closed at C$0.50.
Reunion Gold Price Performance
The company’s fifty day moving average is C$0.45 and its two-hundred day moving average is C$0.42. The stock has a market cap of C$762.30 million, a price-to-earnings ratio of -12.60 and a beta of 1.18. The company has a current ratio of 13.72, a quick ratio of 13.90 and a debt-to-equity ratio of 0.74.
About Reunion Gold
Reunion Gold Corporation engages in the acquisition, exploration, and development of mineral projects in South America. The companys flagship project is the Oko West project located in Guyana. It also holds interest in other projects located in French Guiana and Suriname. The company was formerly known as New Sleeper Gold Corporation and changed its name to Reunion Gold Corporation in June 2006.
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